Spectrum Brands Holdings, Inc. has announced that it appointed Douglas Martin executive vp and CFO, reporting to Dave Lumley, the company’s president and CEO. Martin was executive vp and CFO of Newell Rubbermaid since 2012, capping a 27-year career with the company, Spectrum noted.
“We’re pleased to welcome Doug to Spectrum Brands at this exciting time in the execution of our global growth strategies,” Lumley said in announcing the appointment. “Doug shares our operating philosophy and culture, including the Spectrum Value Model and pay for performance, and understands the importance of cost improvement and shared services. He has a deep consumer products industry knowledge, including experience with many of the same retail customers and channels. Doug was born and raised in the Midwest and was originally with the former Newell company then based in Northern Illinois.”
Martin replaces Tony Genito who, in April, announced plans to leave Spectrum Brands and return with his family to the Southeast. He became Spectrum Brands CEO in 2007.