Press release
Newell Brands Announces Board and Chair Refreshment
Robert Steele Will Succeed Patrick Campbell as Chairman Gary Hu Nominated to the Board ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) announced today
About this update from Newell Brands Inc.
[{"type":"text","content":"\nRobert Steele Will Succeed Patrick Campbell as Chairman\nGary Hu Nominated to the Board\n\n ATLANTA--(BUSINESS WIRE)--\nNewell Brands (NASDAQ: NWL) announced today a series of steps to refresh the company’s Board of Directors and its leadership.\n\n“Today’s announcements, in conjunction with the earlier appointment of Stephanie Stahl to the Board, demonstrate our strong commitment to succession planning, proactive refreshment of the Board, and improving the Board’s diversity,” said Bridget Ryan Berman, Chair of the Nominating/Governance Committee.\n\nPatrick Campbell has served as the Chairman of the Board for five years. Effective upon the conclusion of the company’s 2023 Annual Meeting of Stockholders on May 16th, 2023, Mr. Campbell will transition from his position as Chairman, while remaining a director nominated for re-election at the Annual Meeting. The Board of Directors has designated independent director Robert Steele as the next Chairman of the Board, effective May 16th, 2023, upon the conclusion of the Annual Meeting.\n\nRobert Steele has served on Newell Brands’ Board of Directors since April 2018. He is the founder and CEO of STEELE Consulting LLC, a consulting firm. Mr. Steele is the retired Vice Chairman, Global Health and Well-being, for the Procter & Gamble Company. During his 35-year tenure with Procter & Gamble, Mr. Steele held a variety of other executive leadership positions, including Group President Global Household Care and Group President of North American Operations. Mr. Steele serves on the Board of Directors of Berry Global Group, Inc. and BJ’s Wholesale Club, Inc.\n\n“It has been a privilege to serve as the Chairman of Newell Brands’ Board during such a pivotal time in the company’s history, as we have worked tirelessly to drive the turnaround and position the company to serve as a force for good in the world, while navigating a challenging external backdrop,” said Patrick Campbell. “I look forward to continuing to serve on the Board, as Rob takes over as Chairman. The Board has benefited tremendously from Rob’s insights, experiences, and wealth of knowledge in the consumer products sector, and I believe he will be an excellent Chairman.”\n\n“I am honored to be chosen as the Chairman of Newell Brands’ Board,” said Robert Steele. “On behalf of the Board, I’d like to express sincere gratitude to Pat ...