As part of the company's Growth Game Plan, Newell Rubbermaid is making sharper portfolio choices and investing in new marketing and innovation to accelerate performance. Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with 2015 sales of $5.9 billion and a strong portfolio of leading brands, including Sharpie®, Paper Mate®, Elmer's®, Irwin®, Lenox®, Rubbermaid Commercial Products®, Contigo®, Rubbermaid®, Calphalon®, Goody®, Graco®, Aprica®, Baby Jogger®, Dymo®, Parker® and Waterman®. Torres will join Newell Rubbermaid on April 1 and the company expects to make a number of appointments to the cross-functional integration team in the next 30 days. He also has executive experience leading transformations at Kraft Foods and Mondelez International. While at Bain & Company, Torres focused exclusively on consumer products where he led multiple large-scale transformations and played key roles in several large M&A transactions. He played a lead role in the most recent phase of Renewal at Newell Rubbermaid, which is targeting $350M in savings. Torres was previously a Partner at Bain & Company, one of the world's top management consulting firms. Russ will be a tremendous asset to our team as we bring Newell Rubbermaid and Jarden together to build a new company with much greater potential than either organization had standalone." We are delighted that a leader of Russ's experience and abilities is joining the company to play such a pivotal role on the company's leadership team.
NEWELL RUBBERMAID DYMO NUMBER FULL
Tarchetti said, "We are building a world-class team to unlock the full potential of Newell Brands. Torres will report to Mark Tarchetti, who will become the President of Newell Brands upon completion of the Jarden transaction. He will be responsible for leading all integration and transformation efforts for the future Newell Brands organization, including delivering the revenue and cost synergies associated with the pending combination with Jarden Corporation as well as completing the remaining savings in Project Renewal. ATLANTA, Ma/PRNewswire/ - Newell Rubbermaid (NYSE: NWL) today announced it has appointed Russ Torres to the newly created role of Chief Transformation Officer.
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