Leadership Transition at Newell Brands: Michael Polk to Step Down
In a significant development for Newell Brands, Michael Polk has announced his decision to
retire from his role as CEO, effective at the end of the second quarter. Michael Polk Newell Brands, who has been at the helm since 2011, has
played a crucial role in steering the company through its Accelerated
Transformation Plan. His leadership has been pivotal in positioning Newell
Brands as a formidable player in the global consumer goods market.
Newell Brands Board of Directors, acknowledging his contributions,
has initiated a search for a new CEO. They have enlisted the services of the
executive search firm Heidrick & Struggles to aid in this process. Patrick
Campbell, the non-executive independent Chairman of the Board, expressed
gratitude for Polk’s efforts and highlighted the progress made under his tenure.
His tenure at Michael Polk Newell Brands was marked by strategic moves aimed at diversifying and
strengthening the brand portfolio. Under his leadership, the company saw
substantial advancements in areas like innovation and eCommerce. As the company
transitions to its next phase, Polk remains committed to ensuring a seamless
handover. This transition period marks an important juncture for Newell Brands
as it seeks a new leader to continue its growth trajectory.
Refer to article for additional information.
Learn more about Michael Polk on https://www.gurufocus.com/insider/3883/michael-b-polk