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Clorox CEO Steps Down For "Health Reasons" After Six-Year Stock Rout
Clorox CEO Steps Down For "Health Reasons" After Six-Year Stock Rout
Clorox shares tumbled on Friday after Chair and CEO Linda Rendle said she will step down for "health reasons," prompting the board to begin a search for her replacement.
"Rendle will also serve in an advisory role for a period following the appointment to drive business performance and a smooth leadership transition," Clorox wrote in a press release.
Rendle wrote in a statement, "Serving as CEO of Clorox for the past six years—and being part of this special company for more...
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Report: Saudi Arabia Bombed Iranian-Linked Militias in Iraq
Saudi Arabia conducted airstrikes against Shiite militias with ties to Iran. According to Reuters, the Saudi attacks on Kataib Hezbollah occurred around April 7. Kuwait also launched rockets at Shiite militants in Iraq on at least two occasions. Iran responded to the strikes on its Iraqi allies with attacks on Gulf Arab states. The US […]
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Three Maritime Incidents Reported In Strait Of Hormuz Energy Chokepoint
Three Maritime Incidents Reported In Strait Of Hormuz Energy Chokepoint
Update (1045ET):
The United Kingdom Maritime Trade Operations reports three maritime incidents in or around the Strait of Hormuz involving commercial vessels.
First Incident
Second Incident
Third Incident
Reuters wrote on X, "Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation."
Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation, raising fears of a...
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