Hain Celestial founder, CEO steps down
The Hain Celestial Group has announced that Irwin D. Simon, founder, president, and CEO, will step down.
The Hain Celestial Group has announced that Irwin D. Simon, founder, president, and CEO, will step down. The company has developed a CEO succession plan, whereby, upon the hiring of a new chief executive officer, Simon will become non-executive chairman of the board for a transition period to work closely with the incoming chief executive officer. Hain Celestial’s board of directors has engaged a leading global executive search firm to assist the Corporate Governance and Nominating Committee in identifying a successor for the role of president and CEO.
“When I founded the company 25 years ago, one of my goals was to educate and change the way the world eats and lives through a relentless focus on providing organic, natural, and better-for-you products to consumers,” said Simon. “I firmly believe that some of our greatest opportunities lie ahead, and I am confident now is the right time for our next generation of leadership. I look forward to working with the board of directors in its search for the next chief executive officer as we seek to capitalize on our enviable position as a leader in organic, natural, and better-for-you products.”