UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 17, 2020 (
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) Robert A. Schmidt, Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) has informed Newell Brands Inc. (the “Company”) of his decision to leave the Company in order to pursue a new career opportunity. Mr. Schmidt will remain in his position with the Company until the earlier of August 10, 2020 or the date on which the Company files its Second Quarter 2020 Form 10-Q with U.S. Securities and Exchange Commission. The Company has begun a search for Mr. Schmidt’s successor.
(c) In the interim, Christopher H. Peterson, the Company’s Chief Financial Officer and President, Business Operations, will serve as Principal Accounting Officer. Mr. Peterson, age 53, joined the Company in December 2018 as Executive Vice President and Chief Financial Officer. He also served as the Company’s Interim Chief Executive Officer between June 28, 2019 and October 2, 2019. In February 2020, Mr. Peterson was appointed President, Business Operations in addition to his role as Chief Financial Officer. Prior to joining the Company, Mr. Peterson served as the Executive Vice President and Chief Operating Officer, Operations of Revlon, Inc. (a global beauty company) (“Revlon”) from April 2018 to August 2018. Before that, he served as Revlon’s Chief Operating Officer, Operations & Chief Financial Officer from June 2017 until March 2018, and as Chief Operating Officer, Operations from April 2017 until June 2017. Prior to joining Revlon, Mr. Peterson held several senior management roles at Ralph Lauren Corporation (a designer, marketer and distributor of premium lifestyle products), including serving as President, Global Brands from April 2015 to May 2016, Executive Vice President, Chief Administrative Officer & Chief Financial Officer from November 2013 to March 2015 and Senior Vice President and Chief Financial Officer from September 2012 to November 2013. Previously, Mr. Peterson held several financial management positions at The Procter & Gamble Company (a global consumer products company) from 1992 to 2012.
There are no family relationships, as defined in Item 401 of Regulation S-K, between Mr. Peterson and any of the Company’s executive officers or directors or persons nominated or chosen to become directors or executive officers. There is no arrangement or understanding between Mr. Peterson and any other person pursuant to which Mr. Peterson will be serving as Principal Accounting Officer. There are no transactions requiring disclosure under Item 404(a) of Regulation S-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NEWELL BRANDS INC. | ||||||
| Dated: July 17, 2020 | By: | /s/ Bradford R. Turner | ||||
| Bradford R. Turner | ||||||
| Chief Legal and Administrative Officer and Corporate Secretary | ||||||
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