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Friday, Apr 17, 2026

Targus Names CEO

Anaheim-based Targus Corp., a computer bag and accessories company, has named the chief executive of Newport Beach’s Water Pik Technologies Inc. as its new leader.

Michael Hoopis will fill the position left by Roger Murphy, who stepped down early this summer after attempting to stoke sales growth and make the company more global.

Murphy had worked for Gillette, now part of Cincinnati-based Procter & Gamble Co., before joining Targus. He headed Gillette’s operations in Britain.

Hoopis starts Monday.

Targus has been led for the past few months by Eric Brenk, who is interim chief executive.

Brenk hailed from the new owner of Targus, Fenway Partners Inc., which bought the company for $383 million late last year.

Hoopis has led Water Pik, a maker of dental and pool products, for seven years.

Earlier this year, Coast Acquisition Corp. acquired Water Pik Technologies for $380 million. Washington, D.C.-based Carlyle Group owns 80% of Coast with France’s Zodiac SA owning the rest.

Prior to Water Pik Technologies, Hoopis held management positions at The Black & Decker Corp.’s worldwide household products group. Targus also said it hired Victor Streufert as chief financial officer.

Streufert held the same position at Water Pik and worked under Hoopis.

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