Valvoline Inc. Announces Chief Financial Officer Retirement and Transition Plan
Valvoline Inc. (NYSE: VVV) has announced the planned retirement of its Chief Financial Officer, Mary Meixelsperger. She will continue as CFO until a successor is hired and will remain with the company during the transition period. Valvoline has initiated a comprehensive search for a new CFO, considering both internal and external candidates.
CEO Lori Flees expressed gratitude for Meixelsperger's leadership and contributions, highlighting her role in building the company. Meixelsperger joined Valvoline in 2016, just before its successful IPO and spinoff from Ashland Global Holdings. She previously served as CFO for DSW Inc. and Shopko Stores, and currently serves on the board of directors for Genesco Inc. and the Cincinnati branch board of The Federal Reserve Bank of Cleveland.
Valvoline Inc. (NYSE: VVV) ha annunciato il previsto pensionamento del suo Direttore Finanziario, Mary Meixelsperger. Continuerà a ricoprire il ruolo di CFO fino a quando non sarà assunto un successore e rimarrà con l'azienda durante il periodo di transizione. Valvoline ha avviato una ricerca completa per un nuovo CFO, considerando sia candidati interni che esterni.
Il CEO Lori Flees ha espresso gratitudine per la leadership e i contributi di Meixelsperger, sottolineando il suo ruolo nella costruzione dell'azienda. Meixelsperger è entrata in Valvoline nel 2016, poco prima del suo IPO di successo e della scissione da Ashland Global Holdings. In precedenza, ha ricoperto il ruolo di CFO per DSW Inc. e Shopko Stores, e attualmente fa parte del consiglio di amministrazione di Genesco Inc. e del consiglio della filiale di Cincinnati della Federal Reserve Bank di Cleveland.
Valvoline Inc. (NYSE: VVV) ha anunciado la jubilación planificada de su Directora Financiera, Mary Meixelsperger. Ella continuará como CFO hasta que se contrate a un sucesor y permanecerá en la empresa durante el período de transición. Valvoline ha iniciado una búsqueda completa de un nuevo CFO, considerando candidatos tanto internos como externos.
La CEO Lori Flees expresó su gratitud por el liderazgo y las contribuciones de Meixelsperger, destacando su papel en la construcción de la empresa. Meixelsperger se unió a Valvoline en 2016, justo antes de su exitosa OPI y escisión de Ashland Global Holdings. Anteriormente, se desempeñó como CFO de DSW Inc. y Shopko Stores, y actualmente forma parte de la junta directiva de Genesco Inc. y de la junta de la sucursal de Cincinnati del Banco de la Reserva Federal de Cleveland.
Valvoline Inc. (NYSE: VVV)는 최고재무책임자(CFO)인 메리 마이클스퍼거(Mary Meixelsperger)의 은퇴 계획을 발표했습니다. 그녀는 후임자가 고용될 때까지 CFO로 계속 일하며 전환 기간 동안 회사에 남아 있을 것입니다. Valvoline은 내부 및 외부 후보자를 고려하여 새로운 CFO에 대한 종합적인 검색을 시작했습니다.
CEO 로리 플리스(Lori Flees)는 마이클스퍼거의 리더십과 기여에 감사함을 표하며 그녀의 회사 구축에 대한 역할을 강조했습니다. 마이클스퍼거는 2016년에 Valvoline에 합류하였으며, 이는 성공적인 IPO와 Ashland Global Holdings로부터의 분사 바로 직전이었습니다. 그녀는 이전에 DSW Inc.와 Shopko Stores의 CFO로 재직했으며, 현재 Genesco Inc.와 클리블랜드 연방준비은행 신시내티 지사 이사회에서 활동하고 있습니다.
Valvoline Inc. (NYSE: VVV) a annoncé le départ à la retraite prévu de sa Directrice Financière, Mary Meixelsperger. Elle continuera à occuper son poste de CFO jusqu'à ce qu'un successeur soit engagé et restera au sein de l'entreprise durant la période de transition. Valvoline a lancé une recherche complète pour un nouveau CFO, en considérant les candidats internes et externes.
Le CEO Lori Flees a exprimé sa gratitude pour le leadership et les contributions de Meixelsperger, soulignant son rôle dans la construction de l'entreprise. Meixelsperger a rejoint Valvoline en 2016, juste avant son introduction en bourse réussie et sa séparation d'Ashland Global Holdings. Auparavant, elle a été CFO de DSW Inc. et de Shopko Stores, et elle siège actuellement au conseil d'administration de Genesco Inc. et au conseil de la succursale de Cincinnati de la Federal Reserve Bank de Cleveland.
Valvoline Inc. (NYSE: VVV) hat den geplanten Ruhestand seiner Finanzchefin Mary Meixelsperger bekannt gegeben. Sie wird bis zur Einstellung eines Nachfolgers als CFO tätig bleiben und während der Übergangszeit im Unternehmen bleiben. Valvoline hat eine umfassende Suche nach einem neuen CFO eingeleitet, wobei sowohl interne als auch externe Kandidaten berücksichtigt werden.
CEO Lori Flees äußerte Dankbarkeit für Meixelspergers Führung und Beiträge und hob ihre Rolle beim Aufbau des Unternehmens hervor. Meixelsperger trat 2016 in Valvoline ein, kurz vor dem erfolgreichen Börsengang und der Abspaltung von Ashland Global Holdings. Zuvor war sie CFO von DSW Inc. und Shopko Stores und ist derzeit im Vorstand von Genesco Inc. und im Vorstand der Cincinnati-Niederlassung der Federal Reserve Bank von Cleveland tätig.
- Planned and orderly CFO transition process
- Comprehensive search for new CFO including internal and external candidates
- Current CFO to remain during transition period ensuring continuity
- Departure of experienced CFO who joined during critical IPO period
"On behalf of the Board of Directors and our executive leadership team, I want to thank Mary for her leadership and contributions that helped build the company we are today. We appreciate that she will continue to serve as our Chief Financial Officer and provide support during the transition process with her successor once selected," said Lori Flees, Valvoline Inc. Chief Executive Officer and President. "I deeply value Mary's partnership, financial leadership and strategic insights as we continue to drive value for all of our stakeholders."
Meixelsperger joined Valvoline in 2016 as CFO just prior to the successful initial public offering and spinoff from Ashland Global Holdings.
"It has been an honor and a privilege to be part of the Valvoline team," said Meixelsperger. "I am sincerely grateful for the opportunity to work with such amazing teammates and franchisees. Valvoline is very well positioned to see meaningful growth and success in its business, guided by a clear strategy and outstanding leadership. I am committed to ensuring a smooth and successful transition of our finance leadership."
Prior to the joining the Company, Meixelsperger served as the CFO for DSW Inc. (now Designer Brands, Inc.) and former mass merchandise store chain Shopko Stores. She serves on the board of directors of specialty retailer Genesco Inc. and in 2024, she was appointed as a director for the
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) is the quick, easy, trusted leader in automotive preventive maintenance. Valvoline Inc. is creating shareholder value by driving the full potential in our core business, accelerating network growth and innovating to meet the needs of customers and the evolving car parc. With approximately 2,000 service centers throughout
* Based on a survey of more than 900,000 Valvoline Instant Oil Change℠ customers annually
™ Trademark, Valvoline Inc., or its subsidiaries, registered in various countries
SM Service mark, Valvoline Inc., or its subsidiaries, registered in various countries
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SOURCE Valvoline Inc.
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