Church & Dwight Appoints Lee McChesney as New CFO

Church & Dwight Co., Inc. (CHD) has named Lee McChesney as its new Executive Vice President and Chief Financial Officer, effective March 24, 2025. This move comes as part of the company’s succession planning, with current CFO Richard Dierker set to transition to the role of Chief Executive Officer on April 2, 2025, following Matthew T. Farrell’s retirement.

McChesney, a seasoned finance leader, joins Church & Dwight from MSA Safety Inc. (NYSE: MSA), where he served as Senior Vice President and CFO. His experience spans global financial operations, including treasury management, financial planning, and investor relations, making him well-suited to drive Church & Dwight’s financial strategy moving forward.

In his new role, McChesney will receive a base salary of $700,000, a target annual bonus of 85% of his base salary, and an annual long-term incentive opportunity worth 245% of his base salary. He will also be awarded long-term incentives valued at $2.2 million in the form of time-based restricted stock units that vest over two years. Furthermore, McChesney is eligible for three one-time cash sign-on bonuses, contingent upon his continued employment.

Before joining Church & Dwight, McChesney held key roles at Stanley Black & Decker, including Vice President of Corporate Finance and CFO of the Global Tools and Storage division. He holds a Bachelor’s degree in finance from the University of Connecticut and an MBA from the University of Massachusetts.

This leadership transition marks an important milestone for Church & Dwight as it strengthens its executive team to ensure continued growth and success. Stakeholders and investors will be watching closely to see how McChesney’s expertise will help guide the company’s future endeavors.

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