- Ketchum is Former Global Business Unit President of Procter & Gamble
- Company Committed to Plan to Increase Investment in High-Potential, High-Margin Brands, Reduce Overhead and Strengthen Business Portfolio
- Company Expects to Meet or Exceed 3Q Guidance and Reaffirms Full-Year 2005 Outlook
ATLANTA, October 17, 2005 - Newell Rubbermaid Inc. (NYSE: NWL) announced today that Joseph Galli, Chief Executive Officer since 2001, has resigned his positions as CEO and director by mutual agreement with the Board of Directors.
Mark D. Ketchum, a member of the Board of Directors and the Audit Committee, will serve as Interim Chief Executive Officer while the Board conducts an external search for a permanent replacement.
He is also a director of Hillenbrand Industries, Inc., a provider of goods and services for the health care and funeral services industries.
William D. Marohn, Chairman of Newell Rubbermaid, stated, "We appreciate Joe Galli's many contributions to our company over the nearly five years he has been here and wish him well in his future endeavors.
helped set Newell Rubbermaid on its current path, and with the foundation we have in place, the Board
believes the company is well positioned to leverage the skills of new leadership to execute our strategy and ignite significant growth for the benefit of our shareholders.
has extremely talented senior management and dedicated employees, and I am very optimistic about this next phase in the evolution of our company." Galli
said, "I am proud of what we have accomplished at Newell Rubbermaid
and believe that we have established a strong platform from which the company can pursue growth and product innovation.
Davis holds a Bachelor of Science degree from Rutgers University and has a Green Belt designation in Six Sigma.
"Nancy's strong communication and financial expertise, along with her strong strategic planning skills, make her exceptionally qualified to head up our investor relations and strategic communications activities," said Joseph Galli, chief executive officer.
Herron was named Group CFO for the Sanford Brands Group.
ATLANTA, April 11, 2005 - Newell Rubbermaid Inc. (NYSE: NWL) today announced Shaun Holliday has been hired as president new business & innovation reporting to Chief Executive Officer Joe Galli.
Milburn, in his newly created position, will be responsible for identifying strategic licensing opportunities for Newell Rubbermaid's brands to further develop the company's pipeline of innovative new products.
"We're putting resources and accountability behind operations and licensing, two strategic areas that are critical to the company's long-term success," said Joe Galli, Chief Executive Officer Newell Rubbermaid.
is a well-respected leader at Newell Rubbermaid
and this global position allows the entire company to benefit from his
knowledge and experience as we continue to focus on generating productivity savings from our entire global supply network." Galli
added, "We also recognize licensing is a significant opportunity to leverage the strength of our global power brands.
ATLANTA, December 10, 2004 - Newell Rubbermaid Inc. (NYSE: NWL) today announced that Steven G. Marton has been hired as Group President of Office Products, reporting to Chief Executive Officer Joe Galli.
In this position, Marton will lead the company's $1.7 billion global office products business which includes such well-known brands as SharpieÂ®, Paper MateÂ®, ParkerÂ®, WatermanÂ®, EXPOÂ®, uni-ballÂ® and RolodexÂ®.
"Steve brings global consumer products experience emphasizing new-product development, marketing strong brands and supply chain management - his skill set will fuel growth and improved profitability from this critical piece of our portfolio," said Galli
ATLANTA, April 30, 2004 - Newell Rubbermaid Inc. (NYSE: NWL) today announced that Jim Sweet has been promoted to Vice President of Human Resources for the company, a position recently vacated via the promotion of Tim Jahnke to Group President of Home & Family Products.
"We're looking forward to tapping into Jim's international experience and his human resources success in manufacturing as well as consumer and commercial products industries at a corporate level," said Joe Galli, CEO Newell Rubbermaid.
Sweet joined Newell Rubbermaid earlier this year as Vice President Human Resources for the Sharpie/Calphalon Group.
will assume Parker's responsibilities for global writing instruments on a day-to-day basis until a successor is named. Caution Concerning Forward-Looking Statements
The statements in this press release that are not historical in nature constitute forwardlooking statements.