Energizer Reports Quarterly Loss and CFO Departure in SEC Filing
Energizer Holdings disclosed a net loss for its fiscal second quarter and the resignation of its chief financial officer in an 8-K form filed with the SEC. The executive change triggers a search for a replacement and potential updates to company disclosures.
Internet Archive Book Images / Wikimedia (No restrictions)Energizer Holdings, Inc. filed a Form 8-K with the Securities and Exchange Commission on May 5, 2026, reporting a net loss of $45 million for its fiscal second quarter and the resignation of Chief Financial Officer Mark S. LaVigne effective June 30, 2026.
The filing details financial results affecting the company's 8,500 employees worldwide and its shareholders, with net sales declining 3.2 percent to $663 million from the prior year's quarter, per Item 2.02 of the document. Energizer operates in over 160 countries, producing batteries and personal care products, and these results reflect operations across its battery segment, which accounts for 75 percent of revenue, and auto care division.
Prior to the announcement, LaVigne served as CFO since 2015, overseeing financial strategy and reporting. The new state removes him from the role on June 30, 2026, with no cited cause in the filing, shifting responsibilities to an interim appointee until a permanent replacement is named.
The financial results mark a shift from the previous quarter's profit of $12 million, with the loss attributed to higher raw material costs and supply chain disruptions, as stated in the attached earnings release under Item 9.01.
The officer departure requires Energizer to file a Form 8-K update within four business days if a new CFO is appointed, per SEC rules. It also activates contractual obligations under the company's executive agreements, including potential severance payments detailed in prior proxy statements, and prompts a review of internal controls under Sarbanes-Oxley Act requirements.
Investors must receive updated Regulation FD disclosures, as noted in Item 7.01, ensuring material information is shared simultaneously via press release and filing.
Energizer split from its parent company in 2015, forming as an independent entity focused on household batteries. The company last reported an executive change in 2024, when it elected a new board member following a shareholder vote.
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