Energizer 2010 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2010 Energizer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 124

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124

ENERGIZER HOLDINGS, INC.
(Dollars in millions, except per share and percentage data)
26
Item 3. Legal Proceedings
The Company and its subsidiaries are parties to a number of legal proceedings in various
jurisdictions arising out of the operations of the Company business. Many of these legal
matters are in preliminary stages and involve complex issues of law and fact, and may proceed
for protracted periods of time. The amount of liability, if any, from these proceedings cannot be
determined with certainty. However, based upon present information, the Company believes
that its ultimate liability, if any, arising from pending legal proceedings, asserted legal claims
and known potential legal claims which are likely to be asserted, should not be material to the
Company’s financial position, taking into account established accruals for estimated liabilities.
These liabilities, however, could be material to results of operations or cash flows for a
particular quarter or year.
See also the discussion captioned “Governmental Regulation and Environmental Matters”
under Item 1 above.
Item 4. (Removed and Reserved).
Item 4a. Executive Officers Of The Registrant.
A list of the executive officers of Energizer and their business experience follows. Ages shown
are as of December 31, 2010. Executive officers are appointed by, and hold office at the
discretion of, our Board of Directors, subject to the terms of any employment agreements.
Ward M. Klein- Chief Executive Officer of Energizer since January, 2005. Prior to his current
position he served as President and Chief Operating Officer from 2004 to 2005, and as
President, International from 2002 to 2004. Mr. Klein joined Ralston Purina Company in 1979.
He also served as President and Chief Operating Officer - Asia Pacific and PanAm from 2000
to 2002, as Vice President - Asia Pacific for Energizer from March to September, 2000, as Vice
President and Area Chairman, Asia Pacific, Africa and Middle East for battery operations from
1998 to 2000, as Area Chairman, Latin America from 1996-98, as Vice President, General
Manager Global Lighting Products, 1994-96 and as Vice President of Marketing, 1992-94. Age:
55.
Joseph W. McClanathan- President and Chief Executive Officer, Energizer Household
Products since November, 2007. Prior to his current position and title, he served as President
and Chief Executive Officer, Energizer Battery from 2004 to 2007, and President, North
America from 2002 to 2004. Mr. McClanathan joined the Eveready Battery division of Union
Carbide Corporation in 1974. He served as Vice President, North America of Energizer from
2000 to 2002, as Vice President and Chairman, North America of Eveready Battery Company,
Inc. from 1999 to 2000, as Vice President, Chief Technology Officer from 1996 to 1999, and as
Vice President, General Manager, Energizer Power Systems division from 1993 to 1996. Age:
58.
David P. Hatfield – President and Chief Executive Officer, Energizer Personal Care since
November, 2007. Prior to his current position and title, he served as President and Chief
Executive Officer, Schick-Wilkinson Sword from April to November, 2007, as Executive Vice
President and Chief Marketing Officer, Energizer Battery from 2004 to 2007, as Vice President,
North American and Global Marketing, from 1999 to 2004. Age: 50.