SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): September 11, 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
(d) On September 8, 2020, the Board of Directors (the “Board”) of Newell Brands Inc. (the “Company”) increased the size of the Board from ten members to eleven and elected Jay Johnson to the Board of Directors, effective immediately. Mr. Johnson will serve on the Audit Committee of the Board. There are no arrangements or understandings pursuant to which he was selected as a director and no transactions reportable under Item 404(a) of Regulation S-K. Mr. Johnson will receive the same compensation as the Company’s other non-employee directors, which is described in the Company’s Proxy Statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on March 26, 2020.
On September 11, 2020, the Company issued a press release regarding the election of Mr. Johnson, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein.
|Item 9.01|| |
Financial Statements and Exhibits.
|99.1||Press Release of Newell Brands Inc. dated September 11, 2020|
|104||Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)|
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: September 11, 2020||By:|
|Bradford R. Turner|
|Chief Legal and Administrative Officer and Corporate Secretary|
Newell Brands Elects Jay Johnson to Board of Directors
ATLANTA, GA September 11, 2020 Newell Brands (NASDAQ: NWL) today announced that Jay L. Johnson, Executive Vice President, Chief Financial Officer and Treasurer of Lamar Advertising Company, has been elected to the companys Board of Directors, effective September 8, 2020. He will serve as a member of the Audit Committee.
We are delighted to welcome Jay to the Board. He has distinguished himself as a leader with in-depth financial expertise in consumer facing industries, said Patrick Campbell, Chairman of the Board of Directors. His experience and insights will be a valuable addition to our efforts to execute the companys Turnaround Plan and reignite growth across our portfolio and will help to strengthen our focus on prioritizing, supporting and investing in the communities that we serve. We look forward to working with Jay to drive value creation for all our stakeholders.
Mr. Johnson, 44, brings strong financial and operational leadership to the Newell Brands Board. Prior to joining Lamar Advertising in 2019, he served as Executive Vice President and Chief Financial Officer at DiamondRock Hospitality Company. Previously, he held various senior leadership roles at Host Hotels and Resorts, Inc., KeyBank Real Estate Capital and Bank of America, NA, among others. He currently serves as a member of the Board of Directors of Friends of Louisiana Public Broadcasting.
Mr. Johnson holds a B.A. in Economics from Morehouse College and an MBA from Harvard Business School.
About Newell Brands
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate®, Sharpie®, Dymo®, EXPO®, Parker®, Elmers®, Coleman®, Marmot®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, Rubbermaid Commercial Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, First Alert®, Mapa®, Spontex® and Yankee Candle®. For hundreds of millions of consumers, Newell Brands makes life better every day, where they live, learn, work and play.
This press release and additional information about Newell Brands are available on the companys website, www.newellbrands.com.
|Investor Contact:||Media Contact:|
|Nancy ODonnell||Beth Stellato|
|SVP, Investor Relations & Corporate Communications||VP, Corporate Communications, Events & Philanthropy|
|+1 (770) 418-7723||+1 (718) 541-8178|
|6655 Peachtree Dunwoody Road|| |
|Atlanta, GA 30328|| |
|+1 (770) 418-7000|