THE WHAT? Burt’s Bees parent company Clorox has announced Linda Rendle as its new CEO, an appointment that brings the number of female leaders on the Fortune 500 to a record breaking 38, according to a report by make it.
THE DETAILS Rendle, who is currently President of the company, will replace current CEO Benno Dorer effective September 14th.
Having been with the company for 17 years, in her current position Rendle oversees the corporate and business development plans, as well as marketing, sales, product supply, IT and R&D.
Pamela Thomas-Graham, Lead Independent Director of the Clorox board, said, “I’m delighted that our dedication to thoughtful, long-term succession planning positioned us to appoint such a strong and capable leader as Linda Rendle to the CEO role.
“Linda will be an excellent CEO, building on her track record of outstanding business results, her strong oversight of the development of the company’s IGNITE strategy and her values-led leadership.”
THE WHY? While Rendle’s promotion adds her to the list of Fortune 500, bringing the amount of female CEOs to an all-time high, it also highlights the ongoing gender disparity of females in leadership roles, with women currently making up just 8 percent of the list.