WD-40 Company Appoints Eric P. Etchart as New Chairman of the Board

WD-40 Company Welcomes New Leadership as Eric P. Etchart Takes Chairmanship

WD-40 Company announces the appointment of Eric P. Etchart as the new non-executive chairman of its board of directors, effective immediately. This leadership transition follows the retirement of Gregory A. Sandfort, who has served on the board for 13 years and played a crucial role in guiding the company through various stages of growth. Etchart, a seasoned executive with a rich background in international finance and marketing, has been a member of the WD-40 board since 2016. His diverse experience spans multiple countries, including significant roles in China, Singapore, Italy, France, and the United States, positioning him well to lead the company in expanding its global footprint.

Etchart's appointment comes at a pivotal time for WD-40 Company, which has reported net sales of $590.6 million for fiscal year 2024. The company is known for its flagship WD-40® Multi-Use Product and a range of other well-established brands such as WD-40 Specialist® and 3-IN-ONE®. Under Etchart’s leadership, the board aims to leverage his expertise to tap into new growth opportunities and enhance the brand's presence in more than 176 countries where its products are available. Steve Brass, the president and CEO of WD-40 Company, expresses confidence in Etchart’s capabilities, underscoring the company's commitment to driving innovation and addressing everyday challenges faced by consumers.

In his new role, Etchart will continue to serve on both the Corporate Governance Committee and the Finance Committee, ensuring that he remains actively involved in key strategic decisions. Acknowledging Sandfort’s contributions, Etchart expresses gratitude for the leadership and commitment to corporate governance that Sandfort has demonstrated throughout his tenure. As WD-40 Company moves forward, it remains focused on creating lasting positive memories through its innovative product solutions, further solidifying its place in the global market.

WD-40 Company's dedication to customer satisfaction and its commitment to sustainability and corporate governance will play a vital role in Etchart’s leadership strategy. The company is well-positioned to navigate the challenges of an evolving market while continuing to deliver high-quality maintenance and cleaning products that customers trust. As the new chairman, Etchart's experience and vision are expected to guide WD-40 into its next chapter of growth and innovation.