WD-40 Shakes Up Leadership, Shifts CFO to New Role

Dow Jones06-05 04:40

By Dean Seal

WD-40 is shaking up its leadership structure and will soon have its financial chief leading the company's biggest geographic division.

The lubricants maker said Thursday that CFO Sara Hyzer is preparing to become president of WD-40's Americas division.

Hyzer will continue managing the company's finances until a replacement CFO is named. She joined the company in 2021 and is one of the very few WD-40 executives that has seen the closely guarded formula for the company's trademark lubricant.

Patricia Olsem, current president of the Americas division, is moving into a new role as chief strategy and innovation officer at the end of the current fiscal year.

Nicholas Giordano, WD-40's corporate controller, is taking on the role of chief accounting officer later this month, while Claudia Fenske has been promoted to chief brand and marketing officer, another newly created role that she'll start in at the beginning of fiscal 2027.

The reshuffle is intended to support WD-40's long-term strategic priorities and enhance collaboration, the company said.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

June 04, 2026 16:40 ET (20:40 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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She joined the company in 2021 and is one of the very few WD-40 executives that has seen the closely guarded formula for the company's trademark lubricant. \n\n\n  Patricia Olsem, current president of the Americas division, is moving into a new role as chief strategy and innovation officer at the end of the current fiscal year. \n\n\n  Nicholas Giordano, WD-40's corporate controller, is taking on the role of chief accounting officer later this month, while Claudia Fenske has been promoted to chief brand and marketing officer, another newly created role that she'll start in at the beginning of fiscal 2027. \n\n\n  The reshuffle is intended to support WD-40's long-term strategic priorities and enhance collaboration, the company said. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2026 16:40 ET (20:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2641516754","isCrawlerRequest":true}