March 27, 2019 0

Newell Brands’ CEO retires

Newell Brands has announced its current CEO, Michael Polk, will retire at the end of the second quarter.

Polk is the company’s President and Chief Executive Officer, where he has been in post since 2011. He is also a member of the Newell Brands Board of Directors where he has remaine since 2009.

The Board has commenced a search process to identify the Company’s next CEO, and has retained Heidrick & Struggles, a leading global executive search firm, to assist in a thorough search process.

Patrick Campbell, non-executive independent Chairman of the Board, said:

“On behalf of the Board, I want to thank Mike for his leadership and contributions to Newell Brands. 

“Mike has played a significant role in developing and executing a strategy to position Newell Brands. We are also confident that the company is taking the right steps to execute its transformation and increase shareholder value.

“We appreciate Mike’s continued support to facilitate an orderly transition in the coming months as the Board conducts a comprehensive search for the company’s next Chief Executive Officer.”

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Business Products Group International LLP ®