NEWELL BRANDS INC. (NYSE:NWL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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major retailers’ strong bargaining power and consolidation of the Company’s customers; |
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the Company’s ability to improve productivity, reduce complexity and streamline operations; |
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the Company’s ability to develop innovative new products, to develop, maintain and strengthen end-user brands and to realize the benefits of increased advertising and promotion spend; |
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risks related to the Company’s substantial indebtedness, potential increases in interest rates or changes in the Company’s credit ratings; |
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the Company’s ability to effectively accelerate its transformation plan and explore and execute its strategic options; |
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the Company’s ability to complete planned acquisitions and divestitures, to integrate Jarden and other acquisitions and unexpected costs or expenses associated with acquisitions or dispositions; |
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changes in the prices of raw materials and sourced products and the Company’s ability to obtain raw materials and sourced products in a timely manner; |
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the risks inherent to the Company’s foreign operations, including currency fluctuations, exchange controls and pricing restrictions; |
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a failure of one of the Company’s key information technology systems or related controls; |
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future events that could adversely affect the value of the Company’s assets and require impairment charges; |
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the impact of United States or foreign regulations on the Company’s operations, including environmental remediation costs; |
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the potential inability to attract, retain and motivate key employees; |
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the resolution of tax contingencies resulting in additional tax liabilities; |
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product liability, product recalls or related regulatory actions; |
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the Company’s ability to protect its intellectual property rights; |
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significant increases in the funding obligations related to the Company’s pension plans; and |
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other factors listed from time to time in the Company’s filings with the SEC including, but not limited to, the Company’s most recent Annual Report on Form 10-K. |
The information contained in this report is as of the date indicated. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments.
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Item 5.02 Financial Statements and Exhibits.
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ExhibitNo.
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Description
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| 99.1 |
Director Appointment and Nomination Agreement, dated March 18, 2018, by and between Newell Brands Inc., Carl C. Icahn, Brett Icahn, Courtney Mather, Andrew Langham, High River Limited Partnership, Hopper Investments LLC, Barberry Corp., Icahn Partners LP, Icahn Partners Master Fund LP, Icahn Enterprises G.P. Inc., Icahn Enterprises Holdings L.P., IPH GP LLC, Icahn Capital LP, Icahn Onshore LP, Icahn Offshore LP and Beckton Corp. |
| 99.2 |
Press Release Regarding Director Appointment and Nomination Agreement, dated March 19, 2018 |
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NEWELL BRANDS INC ExhibitEX-99.1 2 d537723dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 EXECUTION VERSION DIRECTOR APPOINTMENT AND NOMINATION AGREEMENT This Director Appointment and Nomination Agreement,…To view the full exhibit click here
About NEWELL BRANDS INC. (NYSE:NWL)
Newell Brands Inc, formerly Newell Rubbermaid Inc., is a global consumer goods company. The Company’s brands consists of Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmer’s, Coleman, Jostens, Marmot, Rawlings, Irwin, Lenox, Oster, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle. The Company focuses on consumer, investment in brands.