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In Brief: Church & Dwight

This article was originally published in The Rose Sheet

Executive Summary

Church & Dwight: Appoints Robert Davies to president and CEO effective Oct. 1, the company announces Sept. 28. Davies, who currently serves as president of the firm's Arm & Hammer division, is succeeding Dwight Minton. Minton, who will remain company chairman, characterized the management shift as a "determined effort" to "restore" Church & Dwight's performance. For the first half of 1995, Church & Dwight net earnings fell 23% to $6.79 mil. on sales of $246.9 mil. (up 2%). In July, the firm layed off 51 employees as part of a cost reduction program ("The Rose Sheet" July 31, In Brief). Davies also will continue to head the firm's Arm & Hammer division...
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