Newell Rubbermaid names new CEO
Newell Rubbermaid names new CEO
Newell Rubbermaid names new CEO
Housewares maker Newell Rubbermaid Inc. said Tuesday its board named interim Chief Executive Mark D. Ketchum as president and
Ketchum, who is also a board member, will continue in that role. The company said that Ketchum, 56, is a 33-year veteran of Procter & Gamble who brings operational, brand management and general management expertise to his new position.
Ketchum is also a director of Hillenbrand Industries Inc., a provider of goods and services for the health care and funeral services industries.
In September, Newell Rubbermaid said it would launch a three-year plan to streamline manufacturing and cut overhead costs, including laying off roughly 5,000 workers. The company also said it intends to shutter one-third of its 80 factories worldwide.
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