February 23, 2017 12:00 PM ET

Food Products

Company Overview of The Hain Celestial Group, Inc.

Company Overview

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola bars, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurt; chilies and packaged grains; and chocolates and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, almond, and coconut. The company’s grocery products also c...

1111 Marcus Avenue

Lake Success, NY 11042

United States

Founded in 1993

6,307 Employees

Phone:

516-587-5000

Key Executives for The Hain Celestial Group, Inc.

Founder, Chairman, Chief Executive Officer and President
Age: 58
Total Annual Compensation: $1.9M
Executive Vice President and Chief Executive Officer of Hain Celestial North America
Age: 56
Total Annual Compensation: $693.0K
Chief Compliance Officer, Executive Vice President, General Counsel and Corporate Secretary
Age: 43
Total Annual Compensation: $550.0K
Compensation as of Fiscal Year 2015.

The Hain Celestial Group, Inc. Key Developments

The US Securities and Exchange Commission Launches Probe into Hain Celestial's Accounting Practices

The US Securities and Exchange Commission's (SEC) has launched an investigation into the accounting practices of Hain Celestial Group. The regulator would particularly look into concessions provided to certain US distributors which had been identified by the company. In August 2016, Hain Celestial had informed the SEC of the delay in the announcement of its financial results. The food company stated then that its board of directors was carrying out an internal investigation on the same. The SEC has issued a formal order of investigation and, pursuant to such order, the SEC. issued a subpoena to the company seeking relevant documents. The company is in the process of responding to the SEC's requests for information and intends to cooperate fully with the SEC.

The Hain Celestial Group, Inc. announced delayed 10-Q filing

On 02/10/2017, The Hain Celestial Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

The Madison Square Garden Company and The Hain Celestial Group, Inc. Announces the Renewed and Expanded Multi-Year Marketing Partnership

The Madison Square Garden Company and The Hain Celestial Group, Inc. announced a renewed and expanded multi-year marketing partnership, by a new concession stand at Madison Square Garden featuring Hain Celestial’s better-for-you organic, natural and gluten-free products, which will join a lineup of first-class culinary offerings at the Arena. Hain Celestial, has partnered with Madison Square Garden for over ten years and has supported community initiatives with the New York Knicks to encourage healthier eating, both in and out of The Garden. Hain Celestial joins Madison Square Garden’s unrivaled lineup of food options and will be open during all events and shows at The Garden.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 16, 2017
Yorkshire Provender Ltd.
 

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