The Honest Company Announces Nominations of Julia M. Brown and John R. (Jack) Hartung to the Board of Directors

Rhea-AI Summary

The Honest Company (NASDAQ: HNST) has nominated Julia M. Brown and John R. (Jack) Hartung for election to its Board of Directors at the annual meeting on May 25, 2022. Julia Brown brings nearly 30 years of procurement experience from global corporations like Mars Wrigley and Carnival Corporation. Jack Hartung, CFO of Chipotle since 2002, has extensive financial leadership experience. CEO Nick Vlahos expressed excitement about their contributions to enhance consumer relationships and drive long-term growth. The board aims to reflect diversity and inclusion, aligning with the company’s mission of a clean lifestyle.

Positive

• Addition of experienced board members Julia M. Brown and John R. Hartung, enhancing leadership.
• Brown's extensive procurement background can strengthen supply chain operations.
• Hartung's financial expertise can contribute to strategic growth initiatives.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- The Honest Company, Inc. (NASDAQ: HNST), a digitally-native, mission-driven brand focused on leading the clean lifestyle movement, announced today that Julia M. Brown, former Chief Procurement Officer of Mars Wrigley and John R. (Jack) Hartung, Chief Financial Officer of Chipotle Mexican Grill, Inc. (“Chipotle”), have been nominated for election to its Board of Directors at the company's 2022 Annual Meeting of Stockholders on May 25, 2022.

Ms. Brown is a seasoned board member and has served as the Chief Procurement Officer of several global, multinational corporations, including Mars Wrigley, a division of Mars, Incorporated, a global manufacturer of confectionery, food, and pet care products and services, Carnival Corporation & plc, Kraft Foods, and Mondelēz International, Inc. between November 2008 and March 2021. With nearly 30 years of experience within procurement functions, she brings significant leadership experience in global supply chain operations. Ms. Brown is also a current board member of Molson Coors Beverage Company and Solo Brands, Inc.

Mr. Hartung has served as Chief Financial Officer of Chipotle since 2002, where he oversees finance, accounting, supply chain, real estate and development and company strategy. Jack joined Chipotle when they were a private company with approximately 100 restaurants. During his tenure, he has helped lead the company through its IPO, achieving significant growth with over 3,000 restaurants today. Prior to joining Chipotle, Mr. Hartung worked for 18 years at McDonald’s Corp., where he held a variety of management positions, most recently as Vice President and Chief Financial Officer of its Partner Brands Group. Mr. Hartung brings extensive financial and reporting acumen and public company leadership experience.

“We are thrilled about our plans to add Julia and Jack to our board of directors. Both bring a great depth of experience with outstanding performance at consumer-facing organizations that will deepen our relationships with consumers and fulfill our mission of inspiring everyone to love living consciously,” said Nick Vlahos, CEO of The Honest Company. “As we continue to build and strengthen our board, we are confident that Julia and Jack will be extremely valuable in helping continue to position The Honest Company for long-term growth.”

“Diversity and inclusion has been a priority for Honest since Jessica Alba founded the company 10 years ago – our board is no exception. Ensuring representation across identity, thought and expertise is a key focus for our team as we strive to reflect our consumers and the communities we serve in all our business decisions,” said James D. White, Chair of the Board of The Honest Company. “Julia and Jack both bring diverse expertise to our board – through industries and specialty areas – that will continue to support our ability to fulfill our mission and drive the business forward.”

Important Additional Information

The Honest Company, Inc., its directors, and certain executive officers may be deemed to be participants in a solicitation of proxies from Honest’s stockholders at its 2022 Annual Meeting of Stockholders in connection with the director nominations disclosed above. Information regarding Honest’s directors and executive officers and their respective interests in Honest, by security holdings or otherwise, is set forth in Honest’s Definitive Proxy Statement for its 2022 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission (“the SEC”) on April 14, 2022, and other reports filed by Honest and ownership forms filed by the directors and executive officers with the SEC. This communication is not a substitute for Honest’s Definitive Proxy Statement or any other document Honest files with the SEC in connection with the 2022 Annual Meeting. Honest urges its stockholders to carefully read the Definitive Proxy Statement for its 2022 Annual Meeting of Stockholders, and any other relevant documents filed by Honest with the SEC, when available, because they contain or will contain important information. Stockholders may obtain free copies of the materials referenced above at investors.honest.com or www.sec.gov.

About The Honest Company

The Honest Company (NASDAQ: HNST) is a mission-driven, digitally-native brand focused on leading the clean lifestyle movement, creating a community for conscious consumers and seeking to disrupt multiple consumer product categories. Since its launch in 2012, Honest has been dedicated to creating thoughtfully formulated, safe and effective personal care, beauty, baby and household products, which are available via honest.com, third-party ecommerce partners and approximately 43,000 retail locations across the United States, Canada and Europe. Based in Los Angeles, CA, the Company’s mission, to inspire everyone to love living consciously, is driven by its values of transparency, trust, sustainability and a deep sense of purpose around what matters most to its consumers: their health, their families and their homes. For more information about the Honest Standard and the Company, please visit www.honest.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220414005868/en/

Media Contact:

Jennifer Kroog Rosenberg

jrosenberg@thehonestcompany.com

Source: The Honest Company, Inc.

FAQ

Who are the new nominees for the Honest Company Board of Directors?

Julia M. Brown and John R. (Jack) Hartung have been nominated for election to the board.

When is the annual meeting of The Honest Company stockholders?

The annual meeting is scheduled for May 25, 2022.

What experience does Julia M. Brown bring to the Honest Company Board?

Julia M. Brown has nearly 30 years of procurement experience from companies like Mars Wrigley and Carnival Corporation.

What role has John R. Hartung held prior to joining the Honest Company Board?

John R. Hartung has been the Chief Financial Officer of Chipotle Mexican Grill, Inc. since 2002.

Why is diversity and inclusion important for The Honest Company?

Diversity and inclusion are key to reflecting their consumers and communities in business decisions, reinforcing their mission.