Newell Brands

Instant Pot Brands™ Introduces New Leadership and New Company Name

Retrieved on: 
Monday, April 1, 2024

DOWNERS GROVE, Ill., April 1, 2024 /PRNewswire/ -- Instant Pot Brands, a leading designer, marketer and distributor of electric pressure cookers, air fryers and other small kitchen appliances globally, announced the appointment of four new senior executives to its leadership team: Chris Robins as Chief Executive Officer, Craig Carrigan as Chief Financial Officer, Lisa Kronish as Chief Human Resources Officer and Rudy Sumarli as Executive Vice President, Supply Chain and R&D. The appointments come in tandem with the Company's announcement that it has changed its name and will be doing business as Instant Pot Brands.

Key Points: 
  • The appointments come in tandem with the Company's announcement that it has changed its name and will be doing business as Instant Pot Brands.
  • "Chris, Craig, Lisa and Rudy's appointments are an exciting next step for Instant Pot Brands," said Rich Krause, Chairman of the Board of Directors.
  • "I am thrilled to join Instant Pot Brands, a Company with such a strong portfolio of products built on an iconic brand, with a dedicated team to match.
  • Instant Pot Brands' name change is a part of the Company's ongoing transformation following its separation from its former parent company, Instant Brands, in connection with Instant Brands' Chapter 11 process.

Silvernail Elected International Paper Chief Executive Officer

Retrieved on: 
Tuesday, March 19, 2024

MEMPHIS, Tenn., March 19, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors has elected Andrew Silvernail as Chief Executive Officer (CEO), following an extensive evaluation process. Effective May 1, 2024, Silvernail will succeed Mark Sutton, who previously announced the final phase of the CEO succession process. Sutton will continue in his role as Chairman of the International Paper Board of Directors to ensure a smooth and successful transition.

Key Points: 
  • MEMPHIS, Tenn., March 19, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors has elected Andrew Silvernail as Chief Executive Officer (CEO), following an extensive evaluation process.
  • Sutton will continue in his role as Chairman of the International Paper Board of Directors to ensure a smooth and successful transition.
  • International Paper Lead Director Chris Connor said, "Andy is an experienced CEO with an extensive track record for creating value.
  • Andy Silvernail, CEO-Elect of International Paper , said, "I'm honored and proud to be a part of International Paper, a strong and resilient company and a force for good in communities around the world.

Sharpie® and Paper Mate® Partner with Mindy Kaling to Inspire Creativity Through the "Let's Get Creative" Campaign Launched at South by Southwest®

Retrieved on: 
Tuesday, March 12, 2024

ATLANTA, March 12, 2024 /PRNewswire/ -- Sharpie® and Paper Mate®, two legendary writing brands in the Newell Brands global portfolio, have joined forces to make the world more creative through the "Let's Get Creative" campaign. Following recent survey findings that more than three-quarters of Americans lack confidence to explore their creativity more, the brands kicked off the campaign at the hub of creativity and innovation, South by Southwest®, at the interactive Sharpie Studio. At the festival, the brands debuted the new Sharpie® Creative Markers and Paper Mate InkJoy® Gel Bright! Pens and hosted a Q&A led by renowned actor, writer and producer, Mindy Kaling, to give attendees insight into her creative processes.

Key Points: 
  • At the festival, the brands debuted the new Sharpie® Creative Markers and Paper Mate InkJoy® Gel Bright!
  • Pens and hosted a Q&A led by renowned actor, writer and producer, Mindy Kaling, to give attendees insight into her creative processes.
  • To identify the state of creativity in America, the brands surveyed 2,000 people to uncover their feelings about their own creative abilities.
  • Sharpie and Paper Mate also launched their partnership with Mindy Kaling at SXSW.

Maria Fernanda Mejia Appointed to Avery Dennison Board of Directors

Retrieved on: 
Monday, February 26, 2024

Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Maria Fernanda Mejia a director, effective February 22, 2024.

Key Points: 
  • Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Maria Fernanda Mejia a director, effective February 22, 2024.
  • Mejia, 60, is the retired CEO, International, for Newell Brands Inc., a leading American manufacturer, marketer and distributor of consumer and commercial products, with $8.1 billion in fiscal 2023 revenues.
  • Mejia joined Newell Brands Inc. from the Kellogg Company where she was senior vice president and president of Kellogg Latin America between 2011 and 2019.
  • “We are extremely pleased to welcome Maria Fernanda to our board,” said Patrick Siewert, lead independent director and chair of the Governance Committee of the Board of Directors, Avery Dennison.

Newell Brands Announces Board Refreshment

Retrieved on: 
Thursday, February 22, 2024

Newell Brands (NASDAQ: NWL) today announced changes to its Board of Directors as part of the Board’s continued commitment to refreshment.

Key Points: 
  • Newell Brands (NASDAQ: NWL) today announced changes to its Board of Directors as part of the Board’s continued commitment to refreshment.
  • 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.
  • "I have enjoyed my tenure on Newell Brands’ Board over the past six years and am pleased with the successful CEO transition in 2023.
  • We are very pleased to welcome Jim and Tony to the Newell Brands Board.

Newell Brands Declares Dividend on Common Stock

Retrieved on: 
Thursday, February 15, 2024

Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.07 per share. The dividend is payable March 15, 2024 to common stockholders of record at the close of business on February 29, 2024.

Key Points: 

Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.07 per share. The dividend is payable March 15, 2024 to common stockholders of record at the close of business on February 29, 2024.

Newell Brands Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, February 9, 2024

Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2023 financial results.

Key Points: 
  • Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2023 financial results.
  • Fourth quarter net sales were $2.1 billion, a decline of 9.1 percent compared with the prior year period.
  • Fourth quarter reported gross margin increased to 29.9 percent compared with 26.3 percent in the prior year period.
  • Fourth quarter reported diluted loss per share was $0.21 compared with $0.60 in the prior year period.

Sharpie® Partners with Michael Penix Jr., Rome Odunze to Showcase High-Performance and Precision of Sharpie S-Gel Pens In Career-Defining Moments

Retrieved on: 
Thursday, February 8, 2024

ATLANTA, Feb. 8, 2024 /PRNewswire/ -- Today, Sharpie®, the iconic writing brand part of the Newell Brands global portfolio, has launched the Sharpie Rookie of the Year program – a first-of-its-kind program that helps prolific college athletes and prospective professional draftees make their mark as they transition into the next phase of their careers. To kick off the program, the brand has signed Michael Penix Jr. and Rome Odunze to become the official writing products of their rookie seasons.

Key Points: 
  • Penix and Odunze will exclusively use Sharpie at pivotal moments throughout their rookie seasons as they make their mark on professional sports.
  • To kick off the program, the brand has signed Michael Penix Jr. and Rome Odunze to become the official writing products of their rookie seasons.
  • Throughout the year, Sharpie will be sharing unique glimpses into the rookie seasons of Penix and Odunze, and how Sharpie products can be used across various canvases, categories and creations.
  • Sharpie S-Gel Pens come in a variety of barrel colors, tip sizes and ink colors.

JM Search Names New Class of Partners & Announces Executive Leadership Promotions Amidst Continued Growth

Retrieved on: 
Thursday, January 25, 2024

JM Search , the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, announces key promotions across the firm.

Key Points: 
  • JM Search , the leading retained executive search firm for private equity, and other growth-oriented private and public organizations, announces key promotions across the firm.
  • These promotions will empower this collective group to play a significant role in supporting the firm and its clients during the next phase of growth.
  • Andy Siravo was promoted to partner to support the firm’s dedicated team of search experts focused on placing CFO & Financial Executives .
  • Prior to joining JM Search, Bruce led Global Talent Acquisition for several large companies including GE Aviation, Newell Brands, and Novelis.

Newell Brands to Webcast Fourth Quarter and Full Year 2023 Earnings Results

Retrieved on: 
Tuesday, January 23, 2024

Newell Brands Inc. (NASDAQ: NWL) today announced its fourth quarter and full year 2023 earnings results will be released Friday, February 9, 2024 prior to market open and will be followed by a live webcast at 9:30 a.m.

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) today announced its fourth quarter and full year 2023 earnings results will be released Friday, February 9, 2024 prior to market open and will be followed by a live webcast at 9:30 a.m.
  • ET.
  • To listen to the webcast, please select Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com .
  • The live webcast will be recorded and made available for replay.