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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Newell Brands Inc.    NWL

NEWELL BRANDS INC.

(NWL)
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Newell Brands : Elects Jay Johnson to Board of Directors

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09/14/2020 | 09:46am EDT

ATLANTA-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 company's 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 company's 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, Elmer's, 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 company's website, www.newellbrands.com.

Investor Contact:

Nancy O'Donnell

SVP, Investor Relations & Corporate Communications

+1 (770) 418-7723

nancy.odonnell@newellco.com

Media Contact:

Beth Stellato

VP, Corporate Communications, Events & Philanthropy

+1 (718) 541-8176

beth.stellato@newellco.com

(C) 2020 Electronic News Publishing, source ENP Newswire


Stocks mentioned in the article
ChangeLast1st jan.
LAMAR ADVERTISING COMPANY (REIT) 1.00% 69.45 Delayed Quote.-22.19%
NEWELL BRANDS INC. 0.73% 18 Delayed Quote.-6.35%
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Financials (USD)
Sales 2020 9 070 M - -
Net income 2020 -881 M - -
Net Debt 2020 5 133 M - -
P/E ratio 2020 -8,67x
Yield 2020 5,12%
Capitalization 7 637 M 7 637 M -
EV / Sales 2020 1,41x
EV / Sales 2021 1,31x
Nbr of Employees 30 000
Free-Float -
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Technical analysis trends NEWELL BRANDS INC.
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 17,90 $
Last Close Price 18,00 $
Spread / Highest target 11,1%
Spread / Average Target -0,56%
Spread / Lowest Target -16,7%
EPS Revisions
Managers
NameTitle
Ravichandra K. Saligram President, Chief Executive Officer & Director
Patrick D. Campbell Independent Non-Executive Chairman
Christopher H. Peterson CFO, CAO & Executive Vice President
Steven J. Strobel Independent Director
James R. Craigie Independent Director
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