Named Newell Brands president/CEO in late July, Ravi Saligram will officially take his new position in early October. He joins the struggling company with a wealth of high-level executive management experience.
Despite a drop in sales in the second quarter, Newell Brands officials are offering a positive outlook for the company as they raised guidance for net sales and operating cash flow for the remainder of the fiscal year.
NBG Home has appointed Hope Margala CEO. Margala succeeds Scott Slater who will continue to serve the company as a member of the board of directors.
Newell Brands has named Ravi Saligram the company’s new president/CEO and a member of its board of directors. He will officially join the company on October 2.
Mr. Coffee has expanded its coffeemaker assortment with the launch of its At-Home Pour Over system.
Ball Fresh Preserving, a brand of Newell, is celebrating 135 years of Ball Jars by bringing back the brand’s vintage aqua blue jars. The company has also launched new recipes and additional new canning products.
Newell Brands has named Christopher Peterson its interim chief executive officer, effective June 28.
First quarter sales at Newell Brands were down as the company also reported a net loss for the quarter ended March 31.
Michael Polk, Newell Brands president and CEO, will “retire from the company” at the end of the second quarter.
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.
Fourth quarter revenue at Newell Brands was down as the company reported sales declines in its three key product segments including Food & Appliances.
BJ’s Wholesale Club has appointed Christopher Peterson, executive vice president, chief financial officer of Newell Brands, to its board of directors. He will serve as chair of the board’s audit committee.
Newell Brands has named Christopher Peterson as the company’s evp/CFO. His appointment is effective December 3 and he will report to Michael Polk, the company’s president and CEO.
Newell Brands continues moving forward with its Accelerated Transformation Plan and has signed agreements to sell two businesses, Pure Fishing and Jostens.
Third quarter net sales at Newell Brands were down as company officials said several factors including a decline in core sales were to blame for the decrease.
Newell Brands has expanded its Crock-Pot assortment with the debut of its 4-quart and 8-quart Express Crock Multi-Cookers.
Newell Brands has signed a definitive agreement to sell Goody Products, a manufacturer of hair styling tools and accessories, to a fund managed by ACON Investments, a private equity investment firm.
Second quarter sales at Newell Brands were down as company officials pinned the decrease on the closing of Toys ‘R Us and inventory destocking in the office superstore segment.
Groupe SEB has made several changes to its executive leadership team in the Americas.
When Jack Pearson, a popular character in the NBC hit TV show “This Is Us,” died on the show as the result of a house fire that appeared to be caused by a faulty slow cooker, many of the show’s loyal fans reacted negatively, saying they would never use their Crock-Pot again.