Business

Newell Brands Announces Leadership Transition as CEO Michael Polk Retires

Newell Brands, aprominent global consumer goods company, has announced a significant change in
its leadership with the retirement of Michael Polk. Serving as the President
and CEO since 2011 and a Board member since 2009, Polk’s departure marks the end of an era for the company. 

Under Michael Polk Newell Brands’ stewardship, Newell Brands underwent a substantial
transformation. His strategic initiatives were pivotal in positioning the
company as a diversified entity with a portfolio of leading brands, including
Paper Mate®, Sharpie®, and Yankee Candle®. These brands have become household
names, shaping consumer experiences across the globe. 

The transition comes as Newell Brands nears the completion of its Accelerated Transformation
Plan. Michael Polk expressed that with the business beginning to turn, this is
an opportune moment for new leadership to drive future growth. The Board,
acknowledging Michael Polk Newell Brand’s significant contributions, has commenced a thorough search for his
successor, enlisting the expertise of Heidrick & Struggles, a renowned executive search firm. 

Newell Brands continues to focus on enhancing shareholder value and innovation, building upon
the robust foundation laid by Polk. As the search for a new CEO progress, the
company remains committed to its strategic objectives and market leadership. 

Refer to this article for related information. 

  

More about Michael Polk on https://ir.newellbrands.com/news-releases/news-release-details/newell-brands-announces-ceo-transition