The Clorox Company
CLX Consumer Defensive Household & Personal Products
The Clorox Company’s revenue for fiscal 2026 (year ended June 2026) was $6.7 billion, down 5.41% from fiscal 2025.
- Revenue
- +33.3%
- EPS
- +113.9%
- Free cash flow
- +11.4%
- Total debt
- +60.2%
Quarter to September 2026, against a year earlier
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The Clorox Company 8-K filed Oct 29, 2026
5.02 Departure or appointment of directors or officers; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
What it says
Clorox appointed Fabian Garcia, currently Unilever’s Business Group President, Personal Care, as CEO and a director effective January 5, 2027. He will succeed Linda Rendle, who previously announced she would step down for health reasons. Rendle will serve as an advisor through April 2, 2027. Lead Independent Director Matthew Shattock will become Independent Chair.
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Garcia’s annual base salary will be $100,000, with a $2,000,000 target annual bonus, settled in shares and prorated for fiscal year 2027. Clorox will initially use a $1,250,000 peer median salary for salary-related benefits and perquisites.
Mr. Garcia will receive an annual base salary of $100,000 and will be eligible for an annual short-term incentive award with a target annual bonus opportunity of $2,000,000
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Garcia’s prorated current-year long-term incentive award has a $4,550,000 target value. Beginning in September 2027, he will be eligible for an annual award with a $9,100,000 target value.
Beginning in September 2027, Mr. Garcia will be eligible to receive an annual long-term incentive award, with a target annual award value of $9,100,000
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Garcia will receive a one-time $11,000,000 target-value RSU award for equity forfeited at his prior employer. It vests ratably over three years, subject to continued employment, with full vesting under specified termination conditions.
a one-time sign-on award of restricted stock units (“RSUs”) with a target value of $11,000,000 to compensate Mr. Garcia for the value of equity incentive awards that he forfeits upon leaving his prior employer
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Rendle’s $1,350,000 base salary will continue during her advisory period. Her outstanding long-term awards will vest under their original retirement terms, and she will receive no additional long-term or incentive equity awards during that period.
her current base salary of $1,350,000 will remain in effect during the advisory period.
Red flags
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Officer departure
The Clorox Company reported the departure of its Chief Executive Officer