ScottsMiracle-Gro Announces Results of Annual Shareholders Meeting

MARYSVILLE, Ohio, Jan. 21 /PRNewswire-FirstCall/ -- Shareholders of The Scotts Miracle-Gro Company (NYSE: SMG), the world's largest marketer of branded consumer lawn and garden products, today elected Adam Hanft to its Board of Directors effective immediately and also re-elected three members of its Board of Directors for a term that expires in 2013.

Mr. Hanft is the founder and chief executive officer of Hanft Unlimited, Inc., a New York-based marketing organization. Over the past six years, Mr. Hanft has served as a member of the Company's Innovation and Technology Advisory Board, which provides strategic counseling regarding research and development efforts. He was nominated for election due to the retirement of board member Patrick Norton.

"We are excited to have Adam as an addition to our board," said Jim Hagedorn, chairman and chief executive officer. "His strong background in consumer marketing, as well as his working knowledge of the Company, will allow him to share critical insight with us as we look to continue growing our business.  

"I also want to acknowledge Pat Norton's contribution," Hagedorn continued.  "During his 11-year tenure on our Board, he also has served as both our chief financial officer and a consultant to our Scotts LawnService business.  Our company and shareholders owe him a debt of gratitude. His counsel and insight will be missed."

Re-elected to the Board during the Company's Annual Meeting of Shareholders were Mark R. Baker, president and chief operating officer of ScottsMiracle-Gro; Joseph P. Flannery, former president and chief executive officer of Uniroyal Holding, Inc.; and Katherine Hagedorn Littlefield, chair of Hagedorn Partnership, L.P.

Shareholders also ratified the Audit Committee's selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending on September 30, 2010.  

During the annual meeting Hagedorn told shareholders he remains confident in the Company's prospects for 2010 and the continued strength and resilience of the lawn and garden category.  Retailers and consumers remain supportive of our brands which give us continued certainty in our ability to grow the business and enhance shareholder value.  

An archive of the Company's 2010 Annual Shareholders Meeting is available on the Investor Relations section of the ScottsMiracle-Gro Web site, http://investor.scotts.com.

About ScottsMiracle-Gro

With approximately $3 billion in worldwide sales and more than 8,000 associates, The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts®, Miracle-Gro®, Ortho® brands are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S., we operate Scotts LawnService®, the second largest residential lawn care service business.  In Europe, the Company's brands include Weedol®, Pathclear®, Evergreen®, Levington®, Miracle-Gro®, KB®, Fertiligene® and Substral®. For additional information, visit us at www.scotts.com

SOURCE The Scotts Miracle-Gro Company

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED