Mark L. Schiller, the new president and chief executive officer of the Hain Celestial Group, Inc., envisions a “fundamentally different approach” for the business. Going forward, he said, Hain Celestial will become a smaller, more focused company with higher margins and profits.

“In the past, we added tremendous complexity and drained profit in pursuit of growth at any cost,” Mr. Schiller told investment analysts during a Feb. 7 earnings call to discuss second-quarter results.

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