Amid a 22% jump in sales, Clorox announced today that president Linda Rendle has been promoted to CEO by ElanaLyn
has shown that women are more likely to be picked to lead a struggling company than a successful one, a trend referred to as the “glass cliff,” which often sets the CEO up for a higher likelihood of failure — but Rendle’s appointment comes as Clorox closed the 2020 fiscal year on a high note.showed that net sales increased from $1.63 billion to $1.98 billion year-over-year, a 22% increase and diluted earnings increased from $1.88 to $2.41, a 28% increase year-over-year.
In the 2020 fiscal year, net sales increased from $6.21 billion to $6.72 billion year-over-year, an 8% increase and diluted earnings increased from $6.32 to $7.36, a 16% increase year-over-year. key background
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