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Moar digs on Newell Brands

Post 10664789 View on 8kun

Newell Brands

The deal added a bunch of well-known brands such as Coleman, First Alert, and Yankee Candle to Newell's Paper Mate, Sharpie, and Graco, among others. Obviously, this did not have the intended effect on profitability, and the situation has attracted activist investor Carl Icahn, who gained board representation, and Starboard Value.

CEO Ravi Saligram stated, "We have two critical goals. First, continue to accelerate cash generation and reduce debt. And two, stop revenue declines and lay the foundation to restore long-term profitable growth."

https://www.fool.com/investing/2020/03/15/newell-brands-turnaround-efforts-falling-short.aspx

Newell Brands is a company that designs, sources, and distributes consumer and commercial products worldwide. The Company's segments include Writing, Home Solutions, Commercial Products, Baby and Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions, and Process Solutions. Its products are marketed under various brand names.

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https://craft.co/newell-brands

anon last night-"Q follow pen" went on pen=sharpie, who owns-Newell

went on search-all I could get from SuckDuckGo. Board gone shortly after 3.

Just leave this here, if he needs it.

Post 10664865 View on 8kun

Moar digs on Newell Brands

>>10653873 (pb)

Did some digging on Q's recent post re: "Follow the Pen", as the above anon hinted that Sharpie is owned by Newell Brands.

On the Board of Newell Brands is:

- Ravi Saligram, current CEO of Newell Brands and former Eisenhower Fellowship Trustee

- Gerardo (Gerry) Lopez, Operating Partner and Head of Operating Group, Softbank Group

- Brett Icahn, Carl Icahn's son

- Courtney Mather, former Portfolio Manager at Carl Icahn's firm

Carl Icahn is supposedly a supporter of GOP, but has donated to both parties up until 2015 as per opensecrets.org.

This probably leads us to nowhere but are some crumbs for future research.

https://www.prnewswire.com/news-releases/officemax-announces-appointment-of-ravi-saligram-to-the-national-retail-federation-board-of-directors-187859561.html

https://www.bloomberg.com/profile/person/1870129