Rendle will replace Clorox's CEO of almost six years, Benno Dorer, who will continue to chair the company's board.
Clorox, the world's biggest maker of disinfectant cleaning materials, said consumers will continue to see a shortage of its wipes and other products into 2021 because of overwhelming demand during the pandemic. In most years, the California-based Clorox keeps excess supply for the upcoming flu season, but 2020 presented an unexpected challenge due to the fact that there was a six-fold increase in demand for many disinfectants outside of the expected timeframe.
Dorer had initially predicted in May that his company would be able to restock the shelves with those wipes by this summer, but the demand has been so overwhelming that his supply chain literally can not keep up.
Clorox wipes have been a hot commodity during the coronavirus pandemic - so much so that many areas experienced shortages. Many wipes are made from polyester spunlace, a material now in short supply as it is also used to make personal protective equipment like masks, medical gowns and medical wipes.
Issues have also plagued other products within the company's portfolio, including Glad trash bags and Burt's Bees lip balm, but the supply of liquid beach is set to "improve dramatically over the next four to six months".
The coronavirus pandemic has been devastating to the United States economy overall, but one sector of the economy has been booming to the point that manufacturers can not keep up with demand: cleaning products. In its fiscal fourth quarter, revenue rose by a third at Clorox's health and wellness division, which generates more than 40% of total sales and includes cleaning products and supplements.
Consumers seem to instantly connect the Clorox name to disinfectant, so much so that in April, when President Trump seemed to suggest that injecting disinfectant might be a possible treatment for the virus, Clorox and Lysol were quick to caution against that move. Clorox Bleach is pictured on a store shelf.