Clorox Names Unilever Executive Fabian Garcia as CEO Effective Jan. 5

Clorox appointed Fabian Garcia, currently president of Unilever Personal Care, as CEO and a board member effective Jan. 5, 2027. Linda Rendle will step down as CEO, chair and director, remain as a senior advisor through April 2, 2027, and retain her $1.35 million base salary during that period; Matthew Shattock will become independent chair and receive a $225,000 annual chair retainer. Garcia’s compensation includes a $100,000 base salary, a $2 million target annual bonus, a $4.55 million initial long-term incentive award and an $11 million sign-on RSU award, with a target annual long-term incentive value of $9.1 million beginning in September 2027.