President of Scotts Miracle-Gro to leave company

Barry Sanders, president and chief operating officer of Scotts Miracle-Gro is to leave the company at the end of January and will not be replaced. He has been with the business for 15 years.

?Two years ago, we committed to our shareholders that we would enhance the concentrate and profitability of this corporation, and we continue to deliver on this guarantee,? said Jim Hagedorn, chairman and CEO, in a statement. ?The decisions we have made over the past year have often been tricky, but none a lot more challenging than this one.?

Hagedorn has shrunk the senior management by 25% as he seeks to make the organisation leaner and smarter. The equivalent of 8 jobs have gone. Nine months ago the chief financial officer, Larry Hilsheimer, left the business.

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