Three directors of Scotts Miracle-Gro departed shortly after their board unanimously reprimanded CEO Jim Hagedorn for his "colorful language."
The maker of home and garden-care products in Marysville is using the director exits to make a transition to a smaller board of between eight and 10 directors, down from 12 at the company’s January annual meeting. It does not plan to fill the three board vacancies.
Scotts spokesman Jim King declined to explain why each of the directors left the company. "I've got to stick to what we put in writing on this one,” King said. “I would elaborate for you if I could, but I can’t.”
The directors resigned “following a unanimously-supported reprimand of Hagedorn that stemmed from the use of inappropriate language,” the company said in a press release.
“All three former board members confirmed that their departures were not related to any disagreement relating to the company's operations, policies, practices or financial reporting,” Scotts said.
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