Scotts Miracle-Gro Company

Infobox_Company
company_name = The Scotts Miracle-Gro Company
company_
company_type = Public (NYSE: [http://www.nyse.com/about/listed/lcddata.html?ticker=SMG SMG] )
foundation = Marysville, Ohio (1868)
location = Marysville, Ohio, USA
key_people = O.M. Scott, Founder
James Hagedorn, President, CEO, and Chairman of the Board
industry = Manufacturing
products = Products for lawn and garden care
revenue = profit$2.70 Billion USD (2006)
net_income = profit$133 Million USD (2006)
num_employees = 6,000+

homepage = [http://www.scotts.com/ www.scotts.com]

Scotts Miracle-Gro Company (nyse|SMG) is an American multinational corporation headquartered in Marysville, Ohio.

Overview

Scotts Miracle-Gro Company manufactures branded consumer products for lawn and garden care, with products for professional horticulture as well. The company reported $2.7 billion in worldwide sales in FY 06 (Sept.)

History

The Scotts Miracle-Gro Company was founded in 1868 by Orlando McLean 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. In recent times, a significant milestone was the merger of Scotts, the leading lawn care brand, with Miracle-Gro, the leading gardening brand, in 1995 to create the Scotts Miracle-Gro Company. [cite website | url=http://www.scotts.com/scotts-sites/aboutscotts/index.cfm/event/history | title=Scotts.com: About Us | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]

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 dedicated to the proposition "you don't have to be an expert to create a beautiful garden." [cite website | url=http://www.scotts.com/index.cfm/event/timeline.detail | title=Scotts.com: History Timeline | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
2002: Scotts LawnService acquires The Lawn Company, a major lawn care service company in the Boston area. [cite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=269533 | title=Scotts LawnService Announces Largest Acquisition to Date | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
2002: Scotts LawnService acquires substantially all of the lawn care operations of Centex HomeTeam Services, a division of Centex Corporation. [cite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=325059 | title=Scotts LawnService(R) Acquires Lawn Care Operations From Centex HomeTeam Services | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
2004: Scotts acquires Smith & Hawken, Ltd., a brand in the outdoor living and garden lifestyle category. [cite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=622809 | title=Scotts Completes Acquisition of Smith & Hawken | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
2005: Scotts acquires the Rod McLellan Company, a provider of soil and landscape products in the western U.S. [cite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=764189 | title=ScottsMiracle-Gro Completes Acquisition of Rod McLellan Company | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
2005: Scotts acquires Gutwein & Co. Inc., whose Morning Song brand is a part of the growing wild bird food category. [cite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=785072 | title=ScottsMiracle-Gro Completes Acquisition of Morning Song | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
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
* Smith & Hawken

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 2004cite website | url=http://media.corporate-ir.net/media_files/nys/smg/reports/2006AR/company.html | title=2006 Annual Report | publisher=The Scotts Miracle-Gro Company | accessed=June 4, 2007]
*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
*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
*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
*James Hagedorn - President, Chief Executive Officer and Chairman of the Board, The Scotts Miracle-Gro Company, Board member since 1995
*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
*Katherine Hagedorn Littlefield - Chair, Hagedorn Partnership, L.P., Private investment partnership, Member of both Finance and Innovation & Technology Committees, Board member since 2000
*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
*Patrick J. Norton - Executive Vice President and, Chief Financial Officer (retired), The Scotts Company, Member of Finance Committee, Board member since 1998
*Stephanie M. Shern - Founder, Shern Associates LLC, Retail consulting and business, advisory firm, Chair of Audit Committee, Board member since 2003
*John M. Sullivan - Independent director for several companies, Member of Audit Committee, Board member since 1994, (Planned Retirement January 2007)
*John Walker, Ph.D. - Chairman, Advent International, Private equity management company, Member of Finance Committee, Board member since 1998, (Planned Retirement January 2007)
*Nancy G. Mistretta - Partner at the executive search firm of Russell Reynolds Associates, Member of Finance Committee, Board member since 2007 [cite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=1040978 | title=The Scotts Miracle-Gro Company Announces Appointment of Nancy G. Mistretta to Board of Directors | publisher=The Scotts Miracle-Gro Company | accessed=September 18, 2007]

Company Officers

*James Hagedorn, President, Chief Executive Officer, and Chairman of the Board
*Denise Stump, Executive Vice President, Global Human Resources
*Vincent Brockman, Chief Ethics Officer and Chief Administrative Officer
*David Evans, Chief Financial Officer and Executive Vice President
*Barry Sanders, Executive Vice President, North Americacite website | url=http://investor.scotts.com/phoenix.zhtml?c=98364&p=irol-newsArticle&ID=1051508 | title=ScottsMiracle-Gro Names Barry Sanders to Lead North American Businesses; Commences Effort to Realign Consumer Units to Drive Growth | publisher=The Scotts Miracle-Gro Company | accessed=September 19, 2007]
*Claude Lopez, Senior Vice President, International and Global Chief Marketing Officer
*Peter Korda, Senior Vice President, Scotts LawnService
*Gordy Erickson, Senior Vice President, Smith & Hawken
*Mike Lukemire, Senior Vice President, Global Technologies and Operations

References

External links

* [http://www.scotts.com The Scotts Miracle-Gro Company]