OAKLAND, CA — Lawrence Peiros, executive vice president and chief operating officer (COO) of The Clorox Company, has announced he will retire in 2013, according to a press release.
Pieros, who will retire on April 1, 2013, is leaving the company after 32 years, the release stated.
"Larry's influence and leadership have been profound," said Chief Executive Officer (CEO) Don Knauss.
"Larry has been selfless in driving the success of the business and the organization. We are indebted to him for his many contributions and wish him the very best," Knauss added.
According to the release, on January 1, the company will move forward with a new structure, featuring two chief operating officers.
Benno Denver will be promoted to executive vice president and chief operating officer, overseeing the company's laundry, home care and international business units, while George Roeth will be promoted to executive vice president and chief operating officer, overseeing the company's household and lifestyle products as well as marketing, sales, product supply and research and development, the release noted.
Click here to read the release in its entirety.