Mark D. Ketchum Named President and Chief Executive Officer of
Newell Rubbermaid, Inc.
ATLANTA, Feb. 14 /PRNewswire-FirstCall/ -- Newell Rubbermaid Inc.
(NYSE: NWL) announced today that its Board of Directors appointed Mark D.
Ketchum as president and chief executive officer (CEO). He will continue as a
member of the Newell Rubbermaid Board. A CEO search was conducted by the
Board's search committee in partnership with an executive recruiting firm.
"After a thorough review of outstanding external candidates, coupled with
our analysis of Mark while he performed in the role of Interim CEO these last
4 months, it became clear that Mark is the right person to lead Newell
Rubbermaid in achieving excellence across our broad product portfolio. Mark
has a proven track record of product innovation, brand positioning, top-line
sales growth and operational excellence on a global basis. Our Board of
Directors believes he is the right person to lead Newell Rubbermaid on its
future path and bring strategic focus to the organization," said William
Marohn, chairman of the board, Newell Rubbermaid.
Ketchum, age 56, is a 33-year veteran of Procter & Gamble (P&G), who
brings operational, brand management and general management expertise to his
role at Newell Rubbermaid. Mark's early career was spent in various
operational roles, followed by a transition into brand management. His early
brand assignments included the US launch of Always(R) and completing the
national expansion of Puffs(R). As general manager of the tissue and towels
business, Mark is credited with repositioning the Charmin(R) and Bounty(R)
brands and driving their dramatic growth. His career culminated with his role
as President Global Baby and Family Care, where he led the global
repositioning and turnaround of the Pampers(R) brand. Mark retired from P&G
in November, 2004.
Ketchum stated, "I am looking forward to this opportunity. I believe
there is great potential in Newell Rubbermaid to drive top-line growth, create
brands that matter and leverage our company's scale and scope to reduce costs
and reapply current best practices across all functions. The building blocks
for success are here - good brands and strong, dedicated employees. I
appreciate the internal support I've received to take on this challenge and
the confidence of the Board of Directors. I look forward to working with the
board and the management team of Newell Rubbermaid to deliver the tremendous
potential of the company."
Mark, and his wife Pamela, will reside in Atlanta, Georgia. They have two
adult children, Meredith and Matthew. Mark is also a director of Hillenbrand
Industries, Inc., a provider of goods and services for the health care and
funeral services industries.
About the Company
Newell Rubbermaid Inc. is a global marketer of consumer and commercial
products with 2005 sales of $6.3 billion and a powerful brand family including
Sharpie(R), Paper Mate(R), DYMO(R), EXPO(R), Waterman(R) rotring(R),
Reynolds(R), Berol(R), Rolodex(R), IRWIN(R), LENOX(R), BernzOmatic(R),
Rubbermaid(R), Graco(R), Calphalon(R) and Goody(R). The company is
headquartered in Atlanta, Ga., and has approximately 30,000 employees
worldwide.
This press release and additional information about the company are
available on the company's web site at http://www.newellrubbermaid.com.
NWL-EX
SOURCE Newell Rubbermaid Inc.
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http://www.newellrubbermaid.com
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CONTACT:
Nancy de Jonge Davis, Vice President,
Investor Relations & Corporate Communications, or Cari Davidson,
Manager, Public Relations, both of Newell Rubbermaid Inc.,
+1-770-407-3994, or fax, +1-770-407-3983
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