Helen of Troy Limited announced a change to its leadership. Noel Geoffroy is departing from company as Chief Executive Officer, effective immediately. In connection with her departure, Ms. Geoffroy resigned as a director of the company, also effective immediately.
Brian Grass, Chief Financial Officer, has been appointed interim Chief Executive Officer by the Board of Directors. Helen of Troy?s Board has engaged a leading executive search firm to assist with the process of identifying a permanent CEO. Mr. Grass is expected to serve as its interim Chief Executive Officer until a permanent CEO is appointed.
Prior to his appointment as interim CEO, Mr. Grass, age 55, has served as Chief Financial Officer since September 23, 2023. He joined the Company in 2006 and previously served as Chief Financial Officer from 2014 until his retirement in 2021. Mr. Grass rejoined the Company in March 2023 to serve as Senior Vice President, Assistant Chief Financial Officer and began to serve as interim Chief Financial Officer on April 28, 2023.
Prior to his appointment as the Chief Financial Officer in 2014, he served as the Company?s Assistant Chief Financial Officer. Prior to joining the Company, Mr. Grass spent seven years in public accounting at KPMG LLP and six years in various financial leadership roles at Tenet Healthcare Corporation.
Helen of Troy Limited is a global consumer products company. The Company has two operating business segments, namely Beauty & Wellness and Home & Outdoor. The Beauty & Wellness segment includes beauty products such as hairstyling appliances, grooming tools, liquid and aerosol personal care items, and nail care products. It also includes wellness devices such as humidifiers, thermometers, water and air purifiers, heaters, and fans. The Home & Outdoor segment includes consumer products for home-related activities such as food preparation and storage, cooking, cleaning, organization, and beverage service. It also includes products for outdoor and mobile use, such as hydration containers, coolers, food storage items, backpacks, and travel gear. The Company offers products through a portfolio of brands, including OXO, Hydro Flask, Osprey, Vicks, Braun, Honeywell, PUR, Hot Tools, Drybar, Curlsmith, Revlon, and Olive & June.
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