WD-40 Company announced the appointment of Keith Stauffer as its new Vice President, Global Finance, and Chief Financial Officer. Mr. Stauffer will succeed Sara K. Hyzer, who will transition to the role of Division President, Americas. This change is part of a planned leadership transition within the company.
Key Details
- Transition Timeline: Keith Stauffer will join as VP, Global Finance on September 7, 2026, and will officially assume the CFO role on November 2, 2026. Sara Hyzer will continue as CFO until that date to ensure a smooth transition.
- Executive Background: Mr. Stauffer previously served as CFO, U.S. for Galderma S.A. and CFO for TerrAscend Corp. He also held senior finance roles at Coty Inc., The Hershey Company, and Procter & Gamble.
- Compensation Package: Mr. Stauffer's compensation includes a $525,000 annual base salary, a one-time cash sign-on bonus of approximately $543,000 (to cover repayment to a former employer), and initial equity awards valued at $1.7 million.