Business Context and Reporting Period
Company: The Clorox Company
Filing Type: Form 8-K (Current Report)
Date of Report: May 1, 2006
Reporting Period: Fiscal quarter ended March 31, 2006
This filing serves as a current report to announce financial results for the quarter ended March 31, 2006, and to disclose a significant change in executive leadership.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing the full financial results for the quarter ended March 31, 2006. The text of this Form 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Executive Departure: On May 1, 2006, Gerald E. "Jerry" Johnston advised the Company that he would not return to his position as Chairman and Chief Executive Officer.
- Financial Results: The Company issued a press release on May 3, 2006, announcing results for the fiscal quarter ended March 31, 2006. Specific comparative data versus the prior period is not included in this filing text.
Guidance, Outlook, and Risks
The filing text does not contain specific guidance, outlook, management commentary, or risk factors. It directs readers to the attached press release (Exhibit 99.1) for the full text of the financial announcement. The departure of the Chairman and CEO represents a material corporate governance event.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated May 3, 2006) for specific revenue, earnings, and margin figures for the quarter ended March 31, 2006.
- Verify the succession plan and appointment of a new Chairman and CEO following Gerald E. Johnston's departure.
- Confirm if the executive departure impacts the Company's strategic outlook or operational stability.