ST. LOUIS, June 30, 2021 /PRNewswire/ -- Energizer Holdings,
Inc. (NYSE: ENR) (the "Company") today announced that Timothy W. Gorman has decided to retire from his
position as Executive Vice President and CFO after a nearly 40-year
career in finance. John Drabik,
Senior Vice President, Corporate Controller and Chief Accounting
Officer, will succeed Mr. Gorman as Executive Vice President and
CFO, effective October 1, 2021. Mr.
Drabik will report to Mark S.
LaVigne, President and CEO. To ensure a smooth transition,
Mr. Gorman will remain with the Company in an advisory capacity
through December 31, 2021.
"John has been an important part of our leadership team and
finance organization for nearly two decades, and has considerable
financial and operational expertise and familiarity with
Energizer's business," said Mr. LaVigne. "As part of our Board's
commitment to succession planning, the Board previously identified
John as a candidate for CFO and we have worked closely with him
over the years to prepare him for this role. He is a strong and
thoughtful leader, and I am confident that he will be a great CFO
"I am honored to be stepping into the role of CFO at a time of
strength and momentum for Energizer," said Mr. Drabik. "I look
forward to working with Mark and the rest of the team as we
continue to strengthen our leadership across product categories and
generate sustainable growth for our shareholders."
Mr. LaVigne continued, "Tim has been an integral member of the
Energizer team and has made countless contributions to our growth
and success throughout the years. His integrity, dedication and
intimate knowledge of our operations have been instrumental in
helping Energizer transform into the leading global consumer
products company it is today. Tim's efforts have supported our
strategic priorities and positioned us to deliver continued
operational excellence. It has been a pleasure to work with Tim
and, on behalf of everyone at Energizer, we wish him the best in
"Looking back on my career with Energizer, I could not be
prouder of what we have accomplished as a company," said Mr.
Gorman. "Looking forward, I am confident in the direction the
Company is heading, especially with John serving in the CFO role.
He knows Energizer as well as I do, and I look forward to working
with Mark, John and the rest of the team to ensure a smooth
During his nearly 20-year career at Energizer, Mr. Drabik has
held several roles of increasing responsibility across the
Company's finance organization. Prior to his current role, Mr.
Drabik served as Vice President, Corporate Controller and
Treasurer, where he was responsible for the Company's global
controllership, external reporting, tax, operations accounting and
treasury functions. He also previously served as Vice President,
Corporate Development, where he was responsible for sourcing and
completing multiple transactions across the consumer sector.
Mr. Drabik holds an M.B.A. from Washington
University in St. Louis and a Bachelor's
Degree in Accounting from the University of
Missouri - Columbia.
About Energizer Holdings, Inc.
Energizer Holdings, Inc. (NYSE: ENR), headquartered in
St. Louis, Missouri, is one of the
world's largest manufacturers and distributors of primary
batteries, portable lights, and auto care appearance, performance,
refrigerant, and fragrance products. Our portfolio of globally
recognized brands includes Energizer®, Armor All®, Eveready®,
Rayovac®, STP®, Varta®, A/C Pro®, Refresh Your Car! ®, California
Scents®, Driven®, Bahama & Co. ®, LEXOL®, Eagle One®, Nu
Finish®, Scratch Doctor®, and Tuff Stuff®. As a global branded
consumer products company, Energizer's mission is to lead the
charge to deliver value to our customers and consumers better than
Certain information contained in this news release may
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements
are not guarantees of future results or performance and involve
certain risks, uncertainties and assumptions difficult to predict
or beyond our control. You should not place undue reliance on any
forward-looking statement and should consider the uncertainties and
risks discussed in our Annual Report on Form 10-K filed with the
Securities and Exchange Commission (the "Commission") on
November 17, 2020 and subsequent
Commission filings. Forward-looking statements speak only as of the
date they are made, and we undertake no obligation to update any
forward-looking statement to reflect the impact of circumstances or
events that arise after the date the forward-looking statement was
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SOURCE Energizer Holdings, Inc.