Management ChangeJun 4, 2026, 04:13 PM
WD-40 Announces CFO Transition, New PAO, and Executive Appointments
AI Summary
WD-40 Company announced several executive leadership appointments and transitions as part of a planned strategy to strengthen organizational alignment and support long-term growth. Sara K. Hyzer, the current CFO and PAO, will transition to Division President, Americas, following the appointment of a new CFO. Nicholas D. Giordano has been designated as PAO, effective June 29, 2026, and will also assume the role of VP, Corporate Controller and Chief Accounting Officer with an annual base salary of $250,000. Additionally, Patricia Q. Olsem will become Chief Strategy and Innovation Officer, and Claudia Fenske will be Chief Brand and Marketing Officer, both in newly created executive roles.
Key Highlights
- Sara K. Hyzer, CFO and PAO, will transition to Division President, Americas.
- Nicholas D. Giordano appointed PAO effective June 29, 2026, and will become VP, Corporate Controller and Chief Accounting Officer.
- Mr. Giordano's annual base salary will be $250,000.
- Mr. Giordano's annual cash incentive target remains 25% (up to 50%) of eligible earnings.
- Mr. Giordano's annual equity incentive (PSUs) remains 25% of base salary.
- Mr. Giordano will receive long-term equity awards valued at 28% of his base salary in October 2026.
- Patricia Q. Olsem will transition to the newly created role of Chief Strategy and Innovation Officer.
- Claudia Fenske will be appointed to the newly created role of Chief Brand and Marketing Officer.
Price Impact
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