Newell Brands Announces Board Refreshment
22 Fevereiro 2024 - 6:10PM
Business Wire
Bridget Ryan Berman Will Succeed Robert Steele
as Chair
James Keane Elected to Board of Directors
Newell Brands (NASDAQ: NWL) today announced changes to its Board
of Directors as part of the Board’s continued commitment to
refreshment.
James “Jim” Keane, retired President & Chief Executive
Officer, Steelcase Inc., has been elected to the company’s Board of
Directors, effective February 15, 2024. Mr. Keane is the second new
director to join Newell’s Board this year. As previously disclosed
in December 2023, Anthony “Tony” Terry was elected to the Board of
Directors, effective January 1, 2024.
In addition, the company announced that Robert Steele, Courtney
Mather and Jay Johnson have informed the Board of their preference
not to seek re-election to the company’s Board of Directors at its
2024 Annual Meeting of Stockholders in order to focus on other
commitments. Accordingly, when their current terms end at the 2024
Annual Meeting of Stockholders, the size of the company’s Board
will decrease from eleven members to eight.
The Board of Directors has designated independent director
Bridget Ryan Berman as the next Chair of the Board, effective May
8, 2024, and Ms. Ryan Berman will succeed Mr. Steele in this
capacity. Ms. Ryan Berman has served on Newell Brands’ Board since
April 2018 and has been the Chair of the Nominating/Governance
Committee since March 2022. She is a seasoned brand and e-commerce
executive with over 35 years of experience in retail. As a senior
level executive she has helped oversee the strategies and
operations of some of the leading brands in the world, having
served as Chief Executive Officer of Victoria’s Secret Direct, LLC,
Chief Executive Officer of the Giorgio Armani Corporation (a U.S.
subsidiary of Giorgio Armani S.P.S.), Vice President and Chief
Operating Officer of Retail Stores for Apple Computer, Inc. and in
a variety of positions of increasing responsibility over a 14-year
period at Polo Ralph Lauren Corporation, including Group President,
Global Retail.
"I have enjoyed my tenure on Newell Brands’ Board over the past
six years and am pleased with the successful CEO transition in
2023. I am confident that Bridget will be an excellent Chair and
remain supportive of the highly capable management team and the new
strategy they have been implementing,” said Mr. Steele.
“I am honored to have been elected as Board Chair of Newell
Brands and to work alongside my fellow directors and the management
team in continuing to drive the company’s turnaround,” said Ms.
Ryan Berman.
Ms. Ryan Berman continued, “Jim is another terrific addition to
our Board, and I am confident he will play an integral role in
driving value for our stakeholders, leveraging the breadth and
depth of his extensive strategic and operational experience. We are
very pleased to welcome Jim and Tony to the Newell Brands Board. On
behalf of the entire Board and management team, I would also like
to extend our gratitude to Rob, Courtney and Jay for their
meaningful contributions to the Board through the years and wish
them continued success.”
About James Keane
James Keane is a seasoned executive with significant leadership
experience in operations, strategy, sales, manufacturing,
distribution, marketing, and product development. During his
distinguished 25-year career at Steelcase, which spanned from 1997
through early 2022, Mr. Keane held a variety of leadership roles
including Chief Operating Officer, Chief Financial Officer,
President and Chief Executive Officer. Before joining Steelcase,
Mr. Keane was Chief Financial Officer at Cloud Corp. and prior to
that a consultant with McKinsey & Company. He serves on the
Board of Rockwell Automation as a Lead Independent Director and is
a director or trustee of several civic organizations. Mr. Keane
holds a Bachelor of Science degree in Accounting from the
University of Illinois and a Master in Management degree from the
Kellogg School of Management, Northwestern University.
About Newell Brands
Newell Brands (NASDAQ: NWL) is a leading global consumer goods
company with a strong portfolio of well-known brands, including
Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial
Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO,
Elmer’s, Oster, NUK, Spontex and Campingaz. Newell Brands is
focused on delighting consumers by lighting up everyday
moments.
This press release and additional information about Newell
Brands are available on the company’s website,
www.newellbrands.com.
Caution Concerning Forward-Looking
Statements
Some of the statements in this press release, particularly those
relating to driving value, are forward-looking statements within
the meaning of the federal securities laws. Actual results may
differ materially from those expressed or implied in the
forward-looking statements. Important factors that could cause
actual results to differ materially from those suggested by the
forward-looking statements include the factors listed from time to
time in our SEC filings, including but not limited to our Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q and our other
SEC filings. The company assumes no obligation to update any
forward-looking statements as a result of new information, future
events or developments.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240222531546/en/
Investors: Sofya Tsinis VP, Investor Relations +1 (201)
610-6901 sofya.tsinis@newellco.com
Media: Beth Stellato Chief Communications Officer +1
(470) 580-1086 beth.stellato@newellco.com
Newell Brands (NASDAQ:NWL)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Newell Brands (NASDAQ:NWL)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024