The Scotts Miracle-Gro Company
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| Type | Public (NYSE: SMG) |
|---|---|
| Industry | Manufacturing |
| Founded | 1868 |
| Headquarters | Marysville, Ohio, U.S. |
| Key people |
O.M. Scott, Founder Barry Sanders, president |
| Products | Products for lawn and garden care |
| Revenue |  $3.14 Billion USD (2009)[1] |
| Net income | $153 Million USD (2009)[1] |
| Employees | 6,000+ |
| Website | www.scotts.com |
The Scotts Miracle-Gro Company (NYSE: SMG) is an American multinational corporation headquartered in Marysville, Ohio.
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[edit] Overview
Scotts Miracle-Gro Company manufactures branded consumer products for lawn and garden care, and also provides products for professional horticulture. The company reported $3.1 billion in worldwide sales in FY 09 (Sept.)
[edit] History
Scotts was founded in 1868 by Orlando Scott as a premium seed company for the U.S. agricultural industry. In the early 1900s, the company began a lawn grass seed business for homeowners. Scotts merged with Miracle-Gro, a gardening company, in 1995 to create the Scotts Miracle-Gro Company.[2]
[edit] Mergers and acquisitions
- 1995: Scotts merged with Sterns Miracle-Gro Products, Inc. Horace Hagedorn (1916–2005) and his partner Otto Stern founded the Miracle-Gro organization in 1951, with the slogan "you don't have to be an expert to create a beautiful garden."[3]
- 1999: Scotts acquires the Ortho and Roundup brand from Monsanto Chevron.
- 2002: Scotts LawnService acquires The Lawn Company, a major lawn care service company in the Boston area.[4]
- 2002: Scotts LawnService acquires substantially all of the lawn care operations of Centex HomeTeam Services, a division of Centex Corporation.[5]
- 2004: Scotts acquires Smith & Hawken, Ltd., a brand in the outdoor living and garden lifestyle category.[6]
- 2005: Scotts acquires the Rod McLellan Company, a provider of soil and landscape products in the western U.S.[7]
- 2005: Scotts acquires Gutwein & Co. Inc., whose Morning Song brand is a part of the growing wild bird food category.[8]
- 2006: Scotts acquires certain brands and assets from Turf-Seed, Inc., a producer of commercial turfgrasses for more than 35 years.
- 2006: Scotts acquires certain brands and assets from Landmark Seed Company, a producer and distributor of professional seed and turfgrasses.
[edit] Brands
- Scotts
- Miracle-Gro
- Osmocote
- Ortho
- Scotts Lawn Service
- Round-up (exclusive distribution agreement)
- Fertiligène
- Evergreen
- Substral
- EcoSense
- Celaflor
- Nexalotte
- KB
- Scotts Wild Bird Seed
- Morning Song Selection
[edit] Board of directors
Current (2006) members of the board of directors of Scotts Miracle-Gro Company are:
- Mark R. Baker - President, Chief Executive Officer and Director, Gander Mountain Company, Outdoor retailer, Chair of Governance & Nominating Committee and Member of Compensation & Organization Committee, Board member since 2004[9]
- Gordon F. Brunner - Chief Technology Officer (retired), The Procter & Gamble Company, Manufacturer of family, personal and household care products Chair of Innovation & Technology Committee and Member of Governance & Nominating Committee, Board member since 2003[9]
- Arnold W. Donald - President and Chief Executive Officer, Juvenile Diabetes Research Foundation International, A non-profit research organization, Chair of Compensation & Organization Committee, Board member since 2000[9]
- Joseph P. Flannery - President, Chief Executive Officer and Chairman of the Board, Uniroyal Holding, Inc., Investment management company, Member of both Compensation & Organization and Governance & Nominating Committees, Board member since 1987[9]
- Adam Hanft - Founder and CEO, Hanft Projects, Board member since 2010
- James Hagedorn - President, Chief Executive Officer and Chairman of the Board, The Scotts Miracle-Gro Company, Board member since 1995[9]
- Thomas N. Kelly Jr. - Former Executive Vice President, Transition Integration, Sprint Nextel Corporation, Global communications company, Member of both Audit and Compensation & Organization Committees, Board member since 2006[9]
- Katherine Hagedorn Littlefield - Chair, Hagedorn Partnership, L.P., Private investment partnership, Member of both Finance and Innovation & Technology Committees, Board member since 2000[9]
- Karen G. Mills - Managing Director and Founder, Solera Capital, Private equity firm, Chair of Finance Committee and Member of Audit Committee, Board member since 1994[9]
- Patrick J. Norton - Executive Vice President and, Chief Financial Officer (retired), The Scotts Company, Member of Finance Committee, Board member since 1998[9]
- Stephanie M. Shern - Founder, Shern Associates LLC, Retail consulting and business, advisory firm, Chair of Audit Committee, Board member since 2003[9]
- John M. Sullivan - Independent director for several companies, Member of Audit Committee, Board member since 1994, (Planned Retirement January 2007)[9]
- John Walker, Ph.D. - Chairman, Advent International, Private equity management company, Member of Finance Committee, Board member since 1998, (Planned Retirement January 2007)[9]
- Nancy G. Mistretta - Partner at the executive search firm of Russell Reynolds Associates, Member of Finance Committee, Board member since 2007[10]
[edit] Company officers
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This section's factual accuracy may be compromised due to out-of-date information. Please help improve the article by updating it. There may be additional information on the talk page. (December 2011) |
- Jim Hagedorn
Chairman & Chief Executive Officer
- Mark Baker
President & Chief Operating Officer
- Vince Brockman
Executive Vice President & General Counsel; Chief Ethics Officer
- Dave Evans
Executive Vice President & Chief Financial Officer
Mike Kelty, Ph.D.Executive Vice President
- Claude Lopez
President, Global Sales
- Barry Sanders
Executive Vice President, Global Consumer
- Denise Stump
Executive Vice President, Global Human Resources
- Dave Bogage
Senior Vice President, Organizational Development
- Fred Bosch
Senior Vice President, Global Professional
- Mike Carbonara
Regional President, Northeast
- Randy Coleman
Senior Vice President, North America Finance
- Andy Coogle
Senior Vice President , Legal Compliance Sustainability
- Jeff Garascia, Ph.D.
Senior Vice President, Global Research & Development
- Michel Gasnier
Senior Vice President, France/Benelux Consumer
- Phil Jones
Regional President, West Region
- Jim King
Senior Vice President, Corporate Affairs
- Peter Korda
Senior Vice President, Scotts LawnService
- Brian Kura
Regional President, Midwest
- Mike Lukemire
Regional President, Southeast Region
- Dan Paradiso
Senior Vice President, Marketing
- Rich Shank, Ph.D.
Senior Vice President, Regulatory & Government Affairs; Chief Environmental Officer
- Pete Supron
Senior Vice President, Global Purchasing
- Dave Swihart
Senior Vice President, Global Supply Chain
- Jim Tates
Regional President, Southwest Region
- Jan Valentic
Senior Vice President, Sustainability
[edit] See also
[edit] References
- ^ a b "NYSE: SMG - Financial statements". google.com. http://www.google.com/finance?q=NYSE:SMG&fstype=ii.
- ^ "Scotts.com: About Us". The Scotts Miracle-Gro Company. http://www.scotts.com/scotts-sites/aboutscotts/index.cfm/event/history. Retrieved 2007-09-19.
- ^ "Scotts.com: History Timeline". The Scotts Miracle-Gro Company. http://www.scotts.com/index.cfm/event/timeline.detail. Retrieved 2007-09-19.[dead link]
- ^ "Scotts LawnService Announces Largest Acquisition to Date". The Scotts Miracle-Gro Company. http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=269533. Retrieved 2007-09-19.
- ^ "Scotts LawnService(R) Acquires Lawn Care Operations From Centex HomeTeam Services". The Scotts Miracle-Gro Company. http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=325059. Retrieved 2007-09-19.
- ^ "Scotts Completes Acquisition of Smith & Hawken". The Scotts Miracle-Gro Company. http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=622809. Retrieved 2007-09-19.
- ^ "ScottsMiracle-Gro Completes Acquisition of Rod McLellan Company". The Scotts Miracle-Gro Company. http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=764189. Retrieved 2007-09-19.
- ^ "ScottsMiracle-Gro Completes Acquisition of Morning Song". The Scotts Miracle-Gro Company. http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=785072. Retrieved 2007-09-19.
- ^ a b c d e f g h i j k l "2006 Annual Report". The Scotts Miracle-Gro Company. http://media.corporate-ir.net/media_files/nys/smg/reports/2006AR/company.html. Retrieved 2007-06-04.
- ^ "The Scotts Miracle-Gro Company Announces Appointment of Nancy G. Mistretta to Board of Directors". The Scotts Miracle-Gro Company. http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=1040978. Retrieved 2007-09-18.
