Report: Newell’s Struggle Puts CEO Polk On Hot Seat
Just days after Newell Brands reported another decline in quarterly revenue, the company’s board of directors may be looking to replace CEO Michael Polk.
jarden
Newell Q1 Sales Down, Additional Divisions For Sale
It was a busy first quarter for Newell Brands as the company reported a decline in net sales while also announcing an acceleration in its transformation plan that includes the sale and possible sale of select divisions.
Carl Icahn Acquires Stake In Newell Brands
Billionaire investor Carl Icahn has acquired a stake in Newell Brands and could play a role in the current battle over the company’s leadership, according to several published reports.
Newell Names Two To Board, Nominates A Third
Just weeks after the resignations of three board members— all former Jarden executives— Newell Brands has named two new members to its board of directors with a third to be voted on at a later date.
Newell Brands Grows Housewares Sales In Q2
Second quarter net sales at Newell Brands were up mid-single digits as the company reported growth across its U.S businesses as well as double digit growth in global e-commerce sales.
Newell Brands Q1 Sales Grow
Growth in international markets and e-commerce were key drivers for solid first quarter results at Newell Brands, company officials said.
Newell Q4 Sales Rise, Resets 2017 Guidance
Following a fourth quarter in which its core sales were up 2.5%, Newell Brands revised guidance for 2017 down slightly, citing the company’s business with struggling U.S. mall-based retailers.
Newell Q3 Sales Up, Raises Year-End Guidance
Following a solid third quarter driven by strong sales in several categories including appliances and writing, Newell Brands raised the lower end of its 2016 full year guidance for core sales and normalized earnings per share.
Newell To Sell Home Environment, Consumer Storage Segments
Newell Brands is moving forward with plans to sell about 10% of its product portfolio across a host of segments that includes home environment products and its consumer storage container business.
Michael Polk, Newell Brands
The August 15 edition of HOMEWORLD BUSINESS® revealed the 11th Annual “Players,” people to watch in housewares during the next 12 months.
Newell Chief Commercial Officer Arcuri To Leave Company
Joseph Arcuri, Newell Brands chief commercial officer, will leave the company on August 31, the company announced in an 8-K filing with the Securities and Exchange Commission.
Appliances Help Boost Newell’s Q2 Sales
Newell Brands reported solid sales gains in the second quarter driven by top line growth in several product segments including appliances, Yankee Candle and food and beverage, company officials said.
Dexas Names Henrikson President
Dexas International Ltd. has named consumer products executive and industry veteran Scott Henrikson as president of the company. The move…
Jarden To Pay $4.5 Million Civil Penalty
In cooperation with the U.S. Consumer Product Safety Commission, Jarden Consumer Solutions has agreed to pay a $4.5 million civil…
Newell Brands Appoints Chief Of Human Resources
Newell Brands has appointed Fiona Laird as executive vice president and chief human resources and communications officer, effective immediately. Laird…
Newell Brands Moving HQ To New Jersey
Newell Brands is on the move. The company will move its global headquarters from Atlanta to Hoboken, NJ. The announcement…
Newell Brands Q1 Sales Up 4%
First quarter sales at Newell Brands were up 4% as the company reported growth in all five product segments. The…
Newell Rubbermaid Names Torres Chief Transformation Officer
As it prepares for the completion of its Jarden acquisition, Newell Rubbermaid has appointed Russ Torres to the newly created…
Jarden Expects Fiscal Year 2015 Sales To Grow 3-5%
Jarden Corporation on Thursday said in a preliminary report that company-wide sales for fiscal 2015 will grow 3% to 5%…
Another Reminder Consolidation Is No Joke
Upon hearing news of Newell Rubbermaid’s pending acquisition of Jarden Corp., I was reminded of a conversation some 20 years…