Newell Brands Names Bridget Ryan Berman as New Chair Amid Board Shakeup [MarketWatch]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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US:NYSE Investor Relations:
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Source: MarketWatch
The maker of kitchen gadgets and school supplies on Thursday said that longtime board director Steele doesn't seek to be re-elected at the upcoming annual shareholder meeting. Advertisement Independent board director Berman is expected to succeed as chair on May 8. Departing Steele joined the board in 2018, but took over the chairman position less than a year ago. Board members Courtney Mather and Jay Johnson have also informed of their intentions to not be re-elected at this year's shareholder meeting. The size of Newell Brands' board will therefore be reduced to eight members from 11 previously, the company said. Newell Brands' board shakeup comes less than two weeks after it warned about expecting sales to fall again this year and issued a soft outlook for adjusted earnings. For the recently ended quarter, sales fell across all of the company's divisions: Home & Commercial Solutions, Learning & Development and Outdoor & Recreation. Write to Sabela Ojea at sabela.ojea
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News
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- Newell Brands breaks even in Q1 amid progress on turnaround plans [Seeking Alpha]Seeking Alpha
- Newell Brands Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
NWL
Earnings
- 4/26/24 - Beat
NWL
Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 3/27/24 - Form ARS
- NWL's page on the SEC website