Hoboken, NJ—The Hain Celestial Group announced the departure of Wendy Davidson, President, Chief Executive Officer and member of the Board of Directors. The Hain Board is now executing a leadership succession plan to identify the next CEO, during which time Alison E. Lewis, a member of the Board since September 2024, will serve as Interim President and CEO. Lewis is a 35-year veteran of the consumer packaged goods industry with more than 30 years of leadership experience.

“The Board believes this is the right time to transition to new leadership," said Dawn Zier, Chair of the Board, in the announcement. "We appreciate that Alison Lewis, a seasoned executive with vast industry and leadership experience, has agreed to serve as Interim President and CEO while we execute our succession plan. Alison has a track record of driving superior in-market execution, delivering disciplined and profitable revenue growth, and leveraging innovation to create value. During this transition period, we will remain focused on maximizing the value of Hain. On behalf of the entire Board, I want to thank Wendy for her contributions to the Company and wish her the very best in the future.”

Lewis, who has served as the Chief Growth Officer of Kimberly-Clark Corporation, Chief Marketing Officer at Johnson & Johnson Family of Consumer Companies and Senior Vice President and Chief Marketing Officer, North America at The Coca-Cola Company, added, “I look forward to leading Hain with the same level of commitment as if I were in the role permanently, with a goal of improving performance. We are fortunate to have a capable leadership team, and we will continue to focus on enhancing our earnings power, strengthening our balance sheet and positioning the business for long-term success.”

Strategic Review

Hain also announced today that the Board is conducting a comprehensive review of the Company’s portfolio that will consider a broad range of strategic options to enhance value. The review is being conducted with the assistance of independent financial advisor Goldman Sachs & Co., and Hain said it does not intend to provide updates until the Board has approved a specific course of action or determines that additional disclosure is needed.

“In light of recent performance, the Board has decided that a thorough evaluation of the Company’s strategy and portfolio is warranted to determine the best approach to maximize shareholder value," Zier said. "With this review underway, we remain focused on operating our business effectively, ensuring we have a strong path to achieve sustainable growth and value creation."