Clorox Announces New V.P. - Treasurer and V.P. - Controller.OAKLAND, Calif.--(BUSINESS WIRE)--Sept. 30, 1999-- The Clorox Company (NY, PE:CLX (library, graphics) CLX - The Common Lisp library providing a low-level interface to the X Window System, equivalent to Xlib. Graphics toolkits can be built on top of CLX, e.g. McCLIM, Garnet, CLUE and CLIO. ) today announced the following executive appointments, effective October 1, 1999: Henry J. (Hank) Salvo, formerly vice president and controller, has been named vice president and treasurer; Greg S. Frank, formerly general manager, Korea, has been promoted to vice president and controller. "These appointments provide highly experienced and capable leadership for two key functions in the company," said Karen Rose, group vice president and chief financial officer. "Hank and Greg are seasoned Clorox executives with a combined 46 years in Clorox's finance and accounting organization." Salvo joined the company in 1972 and was appointed Vice President-Controller in 1990. In earlier assignments he served as controller of three of the company's operating units operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon and as director of business development. He has also previously served in Clorox's treasury department where his responsibilities included cash, profit and pension management, and investor relations Investor relations The process by which the corporation communicates with its investors. . Frank has been with Clorox for 19 years, holding various financial management positions, including director of corporate financial planning Corporate financial planning Financial planning conducted by a firm that encompasses preparation of both long-and short-term financial plans. and director of finance and accounting, before assuming overall responsibility for the company's Korea business in 1998. His previous assignments have included financial management responsibility for several of Clorox's domestic operating units as well as for the company's R&D organization. The Clorox Company is a manufacturer and marketer of household products, both domestic and international, and products for institutional markets. Clorox brands include: Clorox, Clorox 2, Tilex, Pine-Sol, Formula 409, Soft Scrub, Liquid-Plumr, Glad, Armor All, STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. , Kingsford, Match Light, Hidden Valley, Brita, Maxforce, Combat, Fresh Step and Scoop Away. The company's shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the Pacific Exchange. |
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