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Energizer Holdings board member to step down
December 17th, 2009
ST. LOUIS – Energizer Holdings Inc. director Joe Micheletto has resigned from the household and personal care manufacturer's board.
The company said Thursday that Micheletto is retiring and plans to step down from the board effective January 2.
Micheletto has served as a director since Energizer's spin-off from the Ralston Purina Co. in 2000.
"Because of his many years of experience in the consumer goods industry, and as an executive, Joe has provided valuable and insightful service to the board. His wisdom, thoughtfulness and keen perspective on our business will be sorely missed," Energizer Holdings chief executive officer Ward Klein said in a statement.
Energizer Holdings added that, as a result of Micheletto's departure, the Nominating and Executive Compensation Committee will consider at its January 25 meeting whether the board should be reduced to 10 members on a tentative or permanent basis, or if a successor should be appointed.