The Scotts Miracle-Gro Company

The Scotts Miracle-Gro Company
The Scotts Miracle-Gro Company
Type Public (NYSE: SMG)
Industry Manufacturing
Founded 1868
Headquarters Marysville, Ohio, U.S.
Key people

O.M. Scott, Founder
James Hagedorn, President, CEO, and Chairman of the

Board
Products Products for lawn and garden care
Revenue increase$3.14 Billion USD (2009)[1]
Net income increase$153 Million USD (2009)[1]
Employees 6,000+
Website www.scotts.com

The Scotts Miracle-Gro Company (NYSESMG) is an American multinational corporation headquartered in Marysville, Ohio.

Contents

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.)

History

Scotts' headquarters in Marysville

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]

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.

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

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]

Company officers

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

See also

References

  1. ^ a b "NYSE: SMG - Financial statements". google.com. http://www.google.com/finance?q=NYSE:SMG&fstype=ii. 
  2. ^ "Scotts.com: About Us". The Scotts Miracle-Gro Company. http://www.scotts.com/scotts-sites/aboutscotts/index.cfm/event/history. Retrieved 2007-09-19. 
  3. ^ "Scotts.com: History Timeline". The Scotts Miracle-Gro Company. http://www.scotts.com/index.cfm/event/timeline.detail. Retrieved 2007-09-19. [dead link]
  4. ^ "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. 
  5. ^ "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. 
  6. ^ "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. 
  7. ^ "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. 
  8. ^ "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. 
  9. ^ 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. 
  10. ^ "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. 

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