IN THE NEWS
JUN 2026Nate Baxter named president & CEO of ScottsMiracle-GroAUG 2026SMG 2.0 targets presented at the NYSE

People / Engineering a change

Nate Baxter and the unexpected education of a lawn company

After a career at Intel and Tokyo Electron, Nate Baxter brought an engineer’s eye to ScottsMiracle-Gro. Now its president and CEO, he is testing how a company built on lawns and gardens can change the way it works without losing the people who buy its products.

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Nate Baxter arrived at a lawn and garden company with an announcement that must have sounded like a wrong turn. At his first all-employee meeting, he told the room: “We’re a tech company, you just don’t know it yet.” There were, he later recalled, some confused associates. A company that sells soil does tend to give people certain expectations.

He had spent his career around semiconductors. His new employer sold Scotts lawn products and Miracle-Gro plant food. Yet he saw familiar problems behind the unfamiliar merchandise: decisions trapped in spreadsheets, work that could be automated, information that could help people act sooner. The products had changed. His appetite for examining how a business worked had survived the journey.

In June 2026, Baxter became president and chief executive officer of ScottsMiracle-Gro, succeeding Jim Hagedorn, who had held the CEO job since 2001. The appointment put a former semiconductor executive in charge of a business whose origins reach back to 1868. It also gave him responsibility for the growth strategy he had helped design. Announcing a new way of working is the easy part. Running the company makes the proposition rather more personal.

Before the garden aisle, the materials lab

Baxter’s education offers a clue to the way he approaches the job. He earned undergraduate degrees in physics at Rollins College and physical metallurgy at Georgia Institute of Technology, followed by a master’s degree in materials science at Georgia Tech. That is a considerable investment in understanding what things are made of before being entrusted with what a company should become.

He spent more than a decade at Intel in technology, supplier development and management roles, then joined Tokyo Electron in 2007. At TEL, his responsibilities stretched across development, production and customer accounts. He served as president of TEL Epion and of TEL Manufacturing and Engineering of America, and later led Tokyo Electron’s U.S. business. These were jobs connecting technical work with the decisions that determine whether it reaches a customer.

His professional interests were never confined to the laboratory. He has spoken about enjoying technology, strategy and business together. At Intel, he took a class on understanding a profit-and-loss statement taught by the company’s then chief financial officer. An engineer voluntarily studying accounts is a useful early warning that management may be in his future.

By January 2023, he had been elected to SEMI’s North America Advisory Board, an industry body concerned with the electronics manufacturing and design supply chain. He had a substantial career in a technically demanding field. Accepting a lawn and garden role meant exchanging some familiar reference points for a different set of questions.

“I love technology, but I also love strategy. I love business.”

Nate Baxter

A succession measured in expanding responsibilities

Baxter joined ScottsMiracle-Gro on April 28, 2023, as executive vice president of technology and operations. By September, he was chief operating officer. The transition included mentoring from Mike Lukemire, the outgoing COO, who remained president during the handover. Baxter’s remit expanded to include supply chain, sales and marketing.

There was an existing connection: Baxter was a member of the Hagedorn Partnership, the company’s largest shareholder. He came into the operating organization with a relationship to the business already in place. The succession announcement in 2026 said the board had established the framework for its internal CEO succession plan when he joined in 2023.

The intervening promotion mattered. In November 2024, he became president and COO, overseeing brands, sales, marketing, research and development, information technology and supply chain. That combination placed both the promise made to customers and the machinery for fulfilling it within his responsibilities. A marketing campaign and a distribution plan could no longer be treated as distant cousins who met only at budget time.

APR 2023Technology & operations
SEP 2023Chief operating officer
NOV 2024President & COO
JUN 2026President & CEO

The work underneath the word “technology”

At ScottsMiracle-Gro, the practical examples are reassuringly physical. Growing media teams once measured piles by walking their length and recording dimensions by hand. Aerial drones now collect measurements for volume calculations. The company reported in June 2025 that flights took less than 30 minutes, compared with hours for the previous method.

In Marysville, automated case packing for EZ Seed increased packing efficiency by 37% per hour. Adjusting a filling line for a different bag size, once an hour-long manual change, became a matter of entering the size and pressing a button. At the Temecula facility, robotics and vision systems helped assemble and stack components for the Scotts Mini Spreader.

These are team achievements across the company’s operations. They give substance to Baxter’s argument that a lawn and garden business has plenty of room for technical improvement. The machinery may handle garden products, but the questions are familiar to an industrial operator: where does time go, which measurements can be trusted, and what can a person stop doing by hand?

There is something appealingly unglamorous about making a bag-filling adjustment take seconds. It is difficult to turn into a lifestyle advertisement. It is much easier to understand on a factory floor. For Baxter’s wider project, that distinction is useful: the internal changes need to work even when no consumer ever hears about them.

THE FACTORY FLOOR / MARYSVILLE
Bag-size changeover, before1 hour
After automationSeconds
A smaller wait between different bags. The company described the change in June 2025; “seconds” was reported without a precise duration. Bars are illustrative.

The customer who has never bought fertilizer

The other half of Baxter’s task begins beyond the factory gate. In a 2026 discussion of the company’s second-quarter performance, he described a changing customer base: younger consumers entering the category, more shopping online, and interest in natural and organic options. Retail partners were also paying greater attention to online sales.

Those changes create a problem that an established brand can easily underestimate. Familiarity with a name does not automatically teach someone how to use the product. A garden aisle presents choices in quantities, formulations and applications. An experienced gardener may recognize a useful range. A beginner may see an examination for which nobody supplied the reading list.

Baxter’s SMG 2.0 plan addresses the route to that customer as well as the products on offer. He has described expanding beyond traditional channels into hardware, club, and farm-and-fleet retailers, alongside a larger digital presence. His August 2026 account of the strategy also emphasized organic solutions, bio-based chemistries and simpler consumer experiences.

The company’s recent product history makes the direction tangible. It introduced organic raised-bed and garden soil using locally sourced, upcycled green waste in 2024. The O.M. Scott and Sons brand paired natural ingredients and drought-tolerant grasses with recyclable paper packaging. These products predate Baxter’s appointment as CEO. They show the kind of choices available within the business he now leads.

ScottsMiracle-Gro executives gathered outside the New York Stock Exchange in February 2026
Garden people, Wall Street address. ScottsMiracle-Gro colleagues at the New York Stock Exchange on February 11, 2026, during the company’s 30-year listing celebration. Photo: ScottsMiracle-Gro.

What the plan asks him to deliver

The four parts of SMG 2.0 connect product innovation, more retail and digital channels, broader household participation, and technology-led improvements to operations. The challenge is coordination. A new product needs a place to be sold, a reason to be bought and an operation capable of delivering it. Each part makes demands on the others.

At the August 4, 2026 Investor Day, the company set average annual targets for fiscal 2027 through 2029: net sales growth of 2% to 4%, adjusted gross margin improvement of 50 to 100 basis points, and adjusted earnings-per-share growth of 5% to 8%. It also targeted annual free cash flow above $275 million. Those figures describe what management intends to achieve.

THE NEXT TEST / FY2027–FY2029 TARGETS
2–4%Average annual net sales growth
5–8%Average annual adjusted EPS growth
>$275mAverage annual free cash flow

Company targets announced August 4, 2026. Forward-looking; not achieved results.

Baxter has also pointed to earlier evidence of activity. In his public third-quarter review, he said the company had launched more than 80 new stock-keeping units through Q3, contributing approximately $75 million in gross sales. He distinguished the financial measures investors see from the strategic measures that may take years to produce results. The distinction leaves him with two clocks to watch: this season’s performance and the slower work of changing the business.

Whose job is it to make people better?

Baxter describes himself as a servant leader. His stated approach puts him in service to associates and gives people at different levels room to make decisions. The idea fits his emphasis on collaboration: sales, research, technology and operations have to work together if the larger plan is to hold.

Leadership development has a practical place in that view. ScottsMiracle-Gro launched a ten-week Leadership Essentials course in 2024, with workshops, virtual discussions and hands-on activities covering trust, communication, delegation and accountability. Baxter has spoken about the responsibility of people leaders to coach teams and help associates progress. Delegation sounds attractive in a speech; teaching managers how to practice it is the less quotable work.

His responsibilities also extend to chairing Bonnie Plants and serving on the board of The Legacy Project. The latter supports students through career exploration, one-to-one coaching and financial assistance. Its activities have brought students into workplaces, including ScottsMiracle-Gro’s headquarters, to see possible careers at closer range. It is another setting where someone’s next step depends partly on what an experienced person makes accessible.

Baxter’s career has moved from the properties of materials to the behavior of organizations. The questions have grown less tidy. A company founded in the nineteenth century has customers forming new habits, employees learning new tools and investors expecting measurable returns. He now owns the job of bringing those demands together. The soil will still arrive in bags. The work of deciding what happens before and after that bag reaches a gardener is where his engineering education continues.

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