Lifetime Brands : Announces Results of 2022 Annual Meeting Declares Dividend to be Paid August 15, 2022 - Form 8-K
June 24, 2022 at 08:16 am EDT
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Lifetime Brands, Inc. Announces Results of 2022 Annual Meeting
Declares Dividend to be Paid August 15, 2022
GARDEN CITY, N.Y., June 24, 2022 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (Nasdaq: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the results of the votes taken at the Company's 2022 Annual Meeting of Stockholders held Thursday, June 23, 2022.
Stockholders elected the following directors to serve until the next Annual Meeting of Stockholders:
Jeffrey Siegel
Executive Chairman, Lifetime Brands, Inc.
Robert B. Kay
Chief Executive Officer, Lifetime Brands, Inc.
Rachael A. Jarosh
Former President and Chief Executive Officer, Enactus
John Koegel
Principal, Jo-Tan, LLC
Cherrie Nanninga
Partner, Real Estate Solutions Group, LLC
Craig Phillips
Retired Senior Vice President - Distribution, Lifetime Brands, Inc.
Veronique Gabai-Pinsky
Former Global President, Vera Wang Group, LLC
Bruce G. Pollack
Managing Partner, Centre Partners Management, LLC
Michael J. Regan
Retired Certified Public Accountant
Michael Schnabel
Senior Partner, Centre Partners Management, LLC
In addition, stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2022.
On a non-binding advisory basis, stockholders approved the 2021 compensation of the Company's named executive officers.
Stockholders approved the amendment and restatement of the Company's Amended and Restated 2000 Long-Term Incentive Plan.
On Thursday, June 23, 2022, Lifetime's Board of Directors declared a quarterly cash dividend of $0.0425 per share payable on August 15, 2022 to stockholders of record at the close of business on August 1, 2022.
Lifetime Brands, Inc.
Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware®, KitchenAid®, Sabatier®, Amco Houseworks®, Chef'n® Chicago™ Metallic, Copco®, Fred® & Friends, Houdini™, KitchenCraft®, Kamenstein®, La Cafetière®, MasterClass®, Misto®, Swing-A-Way®, Taylor® Kitchen, and Rabbit®; respected tableware and giftware brands, including Mikasa®, Pfaltzgraff®, Fitz and Floyd®, Empire Silver™, Gorham®, International® Silver, Towle® Silversmiths, Wallace®, Wilton Armetale®, V&A®, Royal Botanic Gardens Kew® and Year & Day®; and valued home solutions brands, including BUILT NY®, S'well®, Taylor® Bath, Taylor® Kitchen, Taylor® Weather and Planet Box®. The Company also provides exclusive private label products to leading retailers worldwide.
The Company's corporate website is www.lifetimebrands.com.
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Contacts:
Lifetime Brands, Inc.
Laurence Winoker, Chief Financial Officer
516-203-3590
investor.relations@lifetimebrands.com
or
Joele Frank, Wilkinson Brimmer Katcher
Ed Trissel / Andrew Squire / Rose Temple
212-355-4449
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Lifetime Brands Inc. published this content on 24 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2022 12:15:02 UTC.
Lifetime Brands, Inc. designs, sources and sells branded kitchenware, tableware and other products used in the home. The Company operates through two segments: United States and International. The Company designs, markets and distributes its products to retailers, distributors and directly to consumers through retail Websites. The Company's product categories include two categories of products used to prepare, serve, and consume foods, including Kitchenware (kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantry ware, spice racks and bakeware) and Tableware (dinnerware, stemware, flatware, and giftware). Its Home Solutions category includes products used in the home (thermal beverageware, bath scales, weather and outdoor household products, food storage, neoprene travel products and home decor). Its brands include Farberware, Mikasa, KitchenAid, Taylor, BUILT NY, KitchenCraft, Kamenstein, Pfaltzgraff, Rabbit, and MasterClass.