Helen of Troy appoints Nike executive Scott Uzzell as new CEO

Published 13/08/2025, 21:20
Helen of Troy appoints Nike executive Scott Uzzell as new CEO

EL PASO, Texas - Helen of Troy Limited (NASDAQ:HELE) announced Wednesday that G. Scott Uzzell will become its new Chief Executive Officer effective September 1, 2025, replacing interim CEO Brian Grass who will return to his role as Chief Financial Officer. The leadership change comes at a crucial time for the company, whose stock has declined over 50% in the past year according to InvestingPro data.

Uzzell joins the consumer products company from Nike, where he served as Corporate Vice President & General Manager of Nike North America, overseeing operations that generate more than $21 billion in revenue. Prior to that position, he was President & CEO of Converse, Inc. for four years.

"He is a strategic leader with a strong track record of building and growing consumer brands," said Timothy F. Meeker, Chairman of the Board, in a press release statement.

Before his time at Nike, Uzzell worked at The Coca-Cola Company as President of the Venturing & Emerging Brands Group, where he led development of high-growth emerging brands and managed multiple acquisitions. His career also includes roles at Procter & Gamble and Nabisco.

Uzzell holds a bachelor’s degree in business from Florida A&M University and an MBA from the University of Chicago Booth School of Business. He currently serves on the SC Johnson Company Board of Directors.

Helen of Troy, which designs and markets branded consumer home, outdoor, beauty, and wellness products, counts OXO, Hydro Flask, Vicks, Braun, and Revlon among its portfolio of brands. With annual revenue of $1.86 billion and a current ratio of 1.7, the company maintains strong liquidity despite recent challenges. InvestingPro analysis reveals 12 additional key insights about the company’s financial health and prospects.

The leadership change comes as the company works to "deliver better execution, rebuild innovation, restore growth, and regain investor confidence," according to the company’s statement. Based on InvestingPro’s Fair Value analysis, the stock appears significantly undervalued, while analysts project a return to profitability this fiscal year despite an expected sales decline. For deeper insights into Helen of Troy’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

In other recent news, Helen of Troy Ltd reported disappointing financial results for the first fiscal quarter of 2026. The company posted earnings per share (EPS) of $0.41, significantly missing the forecasted $0.93, a negative surprise of 55.91%. Revenue also fell short of expectations, coming in at $371.7 million compared to the anticipated $400.36 million, marking a 7.16% shortfall. Additionally, the company’s sales declined by 10.8%, with tariff-related trade disruptions accounting for approximately 8 percentage points of this drop. UBS responded to these results by lowering its price target for Helen of Troy to $29.00 from $32.00, while maintaining a Neutral rating on the stock. In a separate development, Helen of Troy’s CEO Brian Grass purchased 10,000 shares, investing around $214,700, as the stock traded near its 52-week low. This move resulted in Grass directly owning 135,932 shares of the company. These recent developments provide a comprehensive view of the current financial and strategic landscape for Helen of Troy.

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