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Newell Brands adds David Atchison to board.

M2 EQUITYBITES-April 3, 2018-Newell Brands adds David Atchison to board


Global consumer goods company Newell Brands Inc (NYSE:NWL) announced on Monday that it intends to nominate David L. Atchison to the board of directors at its 2018 Annual Meeting of Shareholders.

Reportedly, Atchison is the final independent nominee pursuant to the cooperation agreement Newell Brands entered into with Carl C. Icahn, chairman of Icahn Enterprises LP (IEP), on 19 March 2018.

Atchison has over 15 years of experience in e-commerce marketing analytics with leading brands including Zulily and RedEnvelope. He is currently the CEO and director of New Engen Inc. Prior to New Engen, he served as SVP of Marketing and Analytics at Zulily llc from January 2010 to October 2015. Before that he served as director of Marketing and Analytics at RedEnvelope from 2008 to 2010 and as director of Analytics at ProFlowers from 2005 to 2008. Earlier, he served with several start-ups and strategic consulting firm The Parthenon Group.

With this nomination, the board has now completed its slate of directors to stand for election at the 2018 Annual Meeting.

With the expected election of Atchison and Judith Sprieser at the 2018 Annual Meeting, Newell Brand's board will comprise 11 highly qualified and experienced directors, 10 of whom will be independent and all of whom will be seasoned leaders.

Newell Brands includes the brands Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmer's, Coleman, Jostens, Marmot, Rawlings, Oster, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle.

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Publication:M2 EquityBites (EQB)
Date:Apr 3, 2018
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