Hain Celestial Appoints Chris Bellairs As Finance Chief

Hain Celestial Group Inc HAIN has appointed Chris Bellairs to the role of Executive Vice President and Chief Financial Officer, effective February 4, 2022.
Bellairs will succeed Javier Idrovo, who has announced his intention to resign to pursue another opportunity.
Idrovo will continue to serve as CFO until February 4, 2022, to assist with the transition.
Before joining Hain Celestial, Bellairs served as the CFO of Stone Brewing, a California-based craft brewery.
Outlook: Hain Celestial also stated that it expects to report Q2 FY22 adjusted net sales to decline 1% - 3%.
The company sees 1H Adjusted EBITDA down 8.5% - 9.5%, slightly below its previously issued guidance of a mid-single-digit percentage decrease, driven by industry-wide inflation, supply chain, and labor challenges.
Hain Celestial will announce its Q2 results on February 3, 2022.
Price Action: HAIN shares are trading lower by 1.98% at $39.60 in premarket on the last check Tuesday.

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