ScottsMiracle-Gro Names Nate Baxter President and CEO

Key Facts

1The Scotts Miracle-Gro Board of Directors appointed Nate Baxter as President and CEO effective immediately.

In a move to refresh executive leadership, ScottsMiracle-Gro announced the immediate appointment of Nate Baxter as President and CEO, according to a company release. Pete Shumlin was also named Chairman of the Board, as part of a planned succession aimed at supporting long-term strategic direction.

The changes come amid increasing competition in the lawn and garden products market, with the company focusing on operational efficiency and product innovation. No immediate changes to financial strategy or earnings guidance were announced, suggesting near-term continuity in the current approach.

According to market data, shares of SMG closed at $69.91 (close June 26, 2026), trading in a range of $68.90 to $71.21 during the session. With no immediate catalysts on the company's economic calendar, investors await any new guidance on growth strategy or dividend policy in the coming months.