Energizer CEO Pat Mulcahy Retires

Advanced Battery Technology, Dec 2004

Pat Mulcahy will retire as CEO of Energizer Holdings, Inc. following the annual meeting of shareholders on January 25, 2005. Ward Klein will succeed him and has been nominated for election to the board of directors. Mulcahy will remain as a member of the board, and upon his retirement will become vice chairman.

"Pat is directly responsible for the strong position, worldwide, that the company is in today," said William P. Stiritz, chairman of the board.

Ward Klein obtained a BA in economics from St. Olaf College and a master's degree in management from the Kellogg Graduate School of Management at Northwestern University. he joined Energizer's former parent, Ralston Purina Co., in 1979, and transferred to its newly acquired battery division in 1986 as director of new products. He held numerous executive positions until reaching president and COO in January 2004.

The board of directors also nominated Bill G. Armstrong and John Hunter for election to the board. Armstrong recently retired from Cargill, Inc., prior to which he served as chief operating officer of Agribrands International, Inc. Hunter recently retired as chairman, president and CEO of Solutia, Inc. after a career of 35 years with Solutia and former parent, Monsanto Co.