FDBusiness.com

The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East, has outlined a Chief Executive Officer succession plan, whereby, upon the hiring of a new Chief Executive Officer, Irwin D Simon, Founder, President and Chief Executive Officer will become Non-Executive Chairman of the Board for a transition period to work closely with the incoming Chief Executive Officer. Hain Celestial’s has engaged a leading global executive search firm to assist in identifying a successor for the role of President and Chief Executive Officer of the $3 billion company.

Irwin D Simon.

Irwin D Simon comments: “When I founded the company 25 years ago, one of my goals was to educate and change the way the world eats and lives through a relentless focus on providing organic, natural and better-for-you products to consumers. I am incredibly proud of the company we have built. It has been a privilege to lead our dedicated team and drive our mission forward.”

He continues: “Hain Celestial has been a visionary in the organic and natural products industry, and we are still leading the way. This is an exciting time of business transformation for us as we build upon our considerable achievements and advance our strategic growth and cost savings objectives via Project Terra to create shareholder value. I firmly believe that some of our greatest opportunities lie ahead, and I am confident now is the right time for our next generation of leadership.”