ATLANTA, December 01, 2023--Newell Brands (NASDAQ: NWL) today announced that effective January 1, 2024, Anthony "Tony" Terry, recently retired Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide Corporation, has been elected to the company’s Board of Directors where he will serve as a member of the Audit Committee. With the appointment of Mr. Terry, the size of the company’s Board will increase from nine members to ten.
The Yankee Candle Company, Inc., part of the Newell Brands portfolio and the leader in home fragrance, announces the launch of its new, holiday fragrance collection, 'Bright Lights'. This enchanting collection introduces five new winter seasonal fragrances, each crafted to effortlessly evoke the joyful essence of the holidays with the mere strike of a match.
The consumer-goods purveyor - whose portfolio includes Rubbermaid, Sharpie, and Graco (NYSE:GGG) - slashed its full-year sales outlook on Friday, prompting JPMorgan to lower the stock to Neutral from Overweight and a far lower new price target of $7.00 (from the prior $11.00).