Clorox Co at Barclays Consumer Staples Conference (Virtual) Transcript

Sep 07, 2022 / 07:00PM GMT

Transcript

Lauren Rae Lieberman

Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Thanks, everyone, for joining us. Next up, we have Clorox, and we've got the company's CEO, Linda Rendle; and CFO, Kevin Jacobsen, with us. So thank you both very much for being here. Really happy to be next to you in person.

Linda Rendle

The Clorox Company - CEO & Director

Same here. Thank you.

Questions & Answers

Lauren Rae Lieberman;Linda Rendle

Barclays Bank PLC, Research Division - MD & Senior Research Analyst

So I'm going to jump right in because we've got a tight 35 minutes. So Linda your earnings in July or August, I guess, you announced a new streamlined operating model with the aim of increasing efficiency, improving how you meet customer and consumer needs. Can you just discuss the mechanics of the cost savings, $75 million to $100 million? And any kind of actual changes in organization structure that may go with that in terms of this being a changed operating model.

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