New chairman for Central Garden & Pet
Brooks Pennington III succeeds company founder Bill Brown.
Central Garden & Pet announced that Brooks Pennington III (Sonny) has succeeded Bill Brown as chairman of the board.
Brown will remain on the board of and continue to focus on higher-level strategic initiatives, the Walnut Creek, Calif.-based company said.
Pennington has been on board for 20 years and has been Central Garden & Pet’s director of special projects since 2006. Prior to his current role, Pennington served as the president and CEO of Pennington Seed from 1994 to 2006 and has almost 40 years’ experience in the lawn and garden industry. Pennington Seed was acquired by Central Garden & Pet in 1998.
“Sonny has been an important part of Central’s success and has been an invaluable partner in helping grow our company,” said Bill Brown, also the founder of Central Garden & Pet. “He knows our culture and business well and I am confident he will be a wonderful steward for the business, working with management to move Central forward in the future.”
Pennington noted that since Brown took the company public in 1993, it has grown revenues by a compounded annual average of 8% and net income by 13%.
“We are fortunate to have a strong management team led by CEO George Roeth, a highly-engaged board, and a dedicated and talented employee base. I look forward to collaborating with all of them as we move forward to continue to grow our company organically and through acquisitions into the future,” Pennington said.
Central Garden & Pet specializes in supplying and distributing lawn and garden products along with pet supplies. Last week was a buy week for Central Garden & Pet as the company revealed two acquisitions including Bell Nursery Holdings and General Pet Supply.
Brown will remain on the board of and continue to focus on higher-level strategic initiatives, the Walnut Creek, Calif.-based company said.
Pennington has been on board for 20 years and has been Central Garden & Pet’s director of special projects since 2006. Prior to his current role, Pennington served as the president and CEO of Pennington Seed from 1994 to 2006 and has almost 40 years’ experience in the lawn and garden industry. Pennington Seed was acquired by Central Garden & Pet in 1998.
“Sonny has been an important part of Central’s success and has been an invaluable partner in helping grow our company,” said Bill Brown, also the founder of Central Garden & Pet. “He knows our culture and business well and I am confident he will be a wonderful steward for the business, working with management to move Central forward in the future.”
Pennington noted that since Brown took the company public in 1993, it has grown revenues by a compounded annual average of 8% and net income by 13%.
“We are fortunate to have a strong management team led by CEO George Roeth, a highly-engaged board, and a dedicated and talented employee base. I look forward to collaborating with all of them as we move forward to continue to grow our company organically and through acquisitions into the future,” Pennington said.
Central Garden & Pet specializes in supplying and distributing lawn and garden products along with pet supplies. Last week was a buy week for Central Garden & Pet as the company revealed two acquisitions including Bell Nursery Holdings and General Pet Supply.
