Church & Dwight has announced that Richard A Dierker will replace Matthew Farrell as Executive Vice President Finance and Chief Financial Officer, effective January 1, 2016. Currently Chief Operating Officer and Chief Financial Officer, Farrell will become Chief Executive Officer on the same date.

Dierker, who joined the personal care manufacturer in 2009 from Alpharma Inc, is currently Vice President Corporate Finance, holding responsibility for most day-to-day operations of the global finance function.

James Craigie, Church & Dwight’s Chairman & Chief Executive Officer, said, “We look forward to Rick joining our executive leadership team in January. Rick has a broad understanding of our business and has made major contributions to our success. We look forward to his contributions to this company’s future growth.”

“I am excited to step into this role,” commented Dierker. “Matt has built a great finance team, and we are well positioned to continue the company’s strong financial discipline and focus on driving shareholder value.”