Newell Rubbermaid Appoints Two Industry Veterans to Management Team and Realigns Operating Segments

Moves Advance President & CEO Joseph Galli's Plans to Sharpen Company's

Consumer Focus and Accelerate Product Innovation



Apr 02, 2001, 01:00 ET from Newell Rubbermaid Inc.

    FREEPORT, Ill., April 2 /PRNewswire/ --
 Newell Rubbermaid Inc. (NYSE/CHX: NWL), a world leader in consumer products
 for home, office, and commercial use, today announced the appointment of
 two executives with broad industry experience to the Company's senior
 management team and said it is realigning its operations within five business
 segments.
     The moves are part of President & CEO Joseph Galli's plans to revitalize
 the $7 billion consumer products company, which sells well-known brands such
 as Rubbermaid(R), Sharpie(R), Parker(R), Levolor(R), Calphalon(R) and Little
 Tikes(R).  Mr. Galli, who joined Newell Rubbermaid as President & CEO in early
 January, is intensifying the Company's focus on building large consumer
 franchises supported by a constant stream of new, innovative products and
 closer relationships with the Company's key accounts.
     Joining the Company's senior management team are James Roberts, who was
 named Group President of the Levolor/Hardware Group, and David Klatt, who was
 named President of Rubbermaid Home Products.  Mr. Roberts is responsible for
 all aspects of the $1.5 billion unit, including the heightened focus on
 product development and marketing.  Mr. Klatt is responsible for all aspects
 of the Rubbermaid consumer business in North America, reporting to Joe Ramos,
 Group President of the $1.9 billion Rubbermaid Group.
     "Our clear cut goal is to leverage Newell Rubbermaid's operational
 excellence with world class product development and brand building
 capabilities," said Mr. Galli.  "The additions of such strong and talented
 leaders as Jim and David meaningfully advance our plans and signal our
 commitment to quickly build business momentum."
     Mr. Roberts was most recently President of Worldwide Hand Tools and
 Hardware at The Stanley Works.  He has nearly 20 years of experience in
 product development, marketing and general management at Black & Decker, where
 he last served as President of the Worldwide Accessories business.  Prior to
 that role, he served as Vice President and General Manager of Professional
 Power Tools in Europe and was responsible for the highly successful launch of
 the DeWalt professional power tool line in the region.
     Mr. Klatt has over 15 years of experience in marketing, sales and general
 management.  He is widely recognized for his role in building the DeWalt Tools
 brand for Black & Decker as the company's Vice President of Marketing and
 Product Development.  As General Manager of the Black & Decker Tool division,
 he is credited with the turnaround of its consumer business.  Among the
 initiatives he led were the highly successful launches of the Mouse sander and
 Firestorm cordless tools.  Most recently, Mr. Klatt served as Chief Operating
 Officer of AirClic, a wireless e-commerce and media company.  In this role, he
 led the successful start-up of the business, including capital formation, and
 built strategic alliances with industry leaders Motorola, Symbol and Ericcson.
     The Company said the realignment of its business segments reflects its
 focus on building large consumer brands, promoting organizational integration
 and operating efficiencies and aligning the businesses with the Company's key
 account strategy.  The five new segments have been named for leading worldwide
 brands in the Newell Rubbermaid product portfolio and streamlines what had
 been six operating segments.
 
     The five business segments include:
     The Rubbermaid Group, a $1.9 billion entity led by Mr. Ramos.  Included in
 this segment are Rubbermaid Home Products, Rubbermaid Cleaning Products,
 Rubbermaid Commercial Products, the former Lee Rowan division (which will be
 now marketed under the Rubbermaid(R) brand) and Curver (Europe), leading
 manufacturers and marketers of indoor and outdoor organization, storage and
 cleaning products.  This segment also includes Goody, a leading U.S.
 manufacturer of hair care accessories.
 
      The Parker/Eldon Group, a $1.8 billion (2001 estimated) entity led by Bob
 Parker.  Included in this segment are the Sanford North America, Sanford
 International, Eldon and Cosmolab divisions, leading manufacturers and
 marketers of writing instruments and other office products.  Brands include
 Parker(R), Waterman(R), Sharpie(R), Sanford(R), Eldon(R), Paper Mate(R) and
 Liquid Paper(R).
 
     The Levolor/Hardware Group, a $1.5 billion entity led by Mr. Roberts.  An
 integration of parts of the former Home Decor and Hardware & Tools segments,
 this group includes such brands as Levolor(R) blinds, Kirsch(R) and
 Gardinia(R) drapery hardware, EZ Paintr(R) paint applicators, Amerock(R),
 Bulldog(R) and Spur(R) hardware and BernzOmatic(R) torches.
 
     The Calphalon/WearEver Group, a $1.2 billion entity.  Included in this
 segment are the Calphalon and WearEver cookware divisions and the Anchor
 Hocking and Pyrex (Europe) glassware divisions, reporting to Jeff Cooley.
 This segment also includes The Burnes of Boston/Connoisseur Group,
 manufacturers and marketers of picture frames and photo albums reporting to
 Vince Pasquale.  Brands include Burnes of Boston(R), Connoisseur(R) and
 Panodia(R).
 
     The Little Tikes/Graco Group, a $1.0 billion entity led by Brian Schnabel.
 Included in this category are the global Little Tikes, global Graco and Little
 Tikes Commercial Play Systems divisions, leading manufacturers and marketers
 of children's products, including car seats, strollers, high chairs, ride-ons
 and other toys.
 
     Newell Rubbermaid is headquartered in Freeport, Illinois and has
 48,800 employees worldwide.  The Company's Web site address is
 www.newellco.com .
 
     The statements contained in this press release that are not historical in
 nature are forward-looking statements.  Forward-looking statements are not
 guarantees since there are inherent difficulties in predicting future results,
 and actual results could differ materially from those expressed or implied in
 the forward-looking statements.  For a list of major factors that could cause
 actual results to differ materially from those projected, refer to Newell
 Rubbermaid's 2000 Form 10-K, Exhibit 99, filed with the Securities and
 Exchange Commission.
 
 

SOURCE Newell Rubbermaid Inc.
    FREEPORT, Ill., April 2 /PRNewswire/ --
 Newell Rubbermaid Inc. (NYSE/CHX: NWL), a world leader in consumer products
 for home, office, and commercial use, today announced the appointment of
 two executives with broad industry experience to the Company's senior
 management team and said it is realigning its operations within five business
 segments.
     The moves are part of President & CEO Joseph Galli's plans to revitalize
 the $7 billion consumer products company, which sells well-known brands such
 as Rubbermaid(R), Sharpie(R), Parker(R), Levolor(R), Calphalon(R) and Little
 Tikes(R).  Mr. Galli, who joined Newell Rubbermaid as President & CEO in early
 January, is intensifying the Company's focus on building large consumer
 franchises supported by a constant stream of new, innovative products and
 closer relationships with the Company's key accounts.
     Joining the Company's senior management team are James Roberts, who was
 named Group President of the Levolor/Hardware Group, and David Klatt, who was
 named President of Rubbermaid Home Products.  Mr. Roberts is responsible for
 all aspects of the $1.5 billion unit, including the heightened focus on
 product development and marketing.  Mr. Klatt is responsible for all aspects
 of the Rubbermaid consumer business in North America, reporting to Joe Ramos,
 Group President of the $1.9 billion Rubbermaid Group.
     "Our clear cut goal is to leverage Newell Rubbermaid's operational
 excellence with world class product development and brand building
 capabilities," said Mr. Galli.  "The additions of such strong and talented
 leaders as Jim and David meaningfully advance our plans and signal our
 commitment to quickly build business momentum."
     Mr. Roberts was most recently President of Worldwide Hand Tools and
 Hardware at The Stanley Works.  He has nearly 20 years of experience in
 product development, marketing and general management at Black & Decker, where
 he last served as President of the Worldwide Accessories business.  Prior to
 that role, he served as Vice President and General Manager of Professional
 Power Tools in Europe and was responsible for the highly successful launch of
 the DeWalt professional power tool line in the region.
     Mr. Klatt has over 15 years of experience in marketing, sales and general
 management.  He is widely recognized for his role in building the DeWalt Tools
 brand for Black & Decker as the company's Vice President of Marketing and
 Product Development.  As General Manager of the Black & Decker Tool division,
 he is credited with the turnaround of its consumer business.  Among the
 initiatives he led were the highly successful launches of the Mouse sander and
 Firestorm cordless tools.  Most recently, Mr. Klatt served as Chief Operating
 Officer of AirClic, a wireless e-commerce and media company.  In this role, he
 led the successful start-up of the business, including capital formation, and
 built strategic alliances with industry leaders Motorola, Symbol and Ericcson.
     The Company said the realignment of its business segments reflects its
 focus on building large consumer brands, promoting organizational integration
 and operating efficiencies and aligning the businesses with the Company's key
 account strategy.  The five new segments have been named for leading worldwide
 brands in the Newell Rubbermaid product portfolio and streamlines what had
 been six operating segments.
 
     The five business segments include:
     The Rubbermaid Group, a $1.9 billion entity led by Mr. Ramos.  Included in
 this segment are Rubbermaid Home Products, Rubbermaid Cleaning Products,
 Rubbermaid Commercial Products, the former Lee Rowan division (which will be
 now marketed under the Rubbermaid(R) brand) and Curver (Europe), leading
 manufacturers and marketers of indoor and outdoor organization, storage and
 cleaning products.  This segment also includes Goody, a leading U.S.
 manufacturer of hair care accessories.
 
      The Parker/Eldon Group, a $1.8 billion (2001 estimated) entity led by Bob
 Parker.  Included in this segment are the Sanford North America, Sanford
 International, Eldon and Cosmolab divisions, leading manufacturers and
 marketers of writing instruments and other office products.  Brands include
 Parker(R), Waterman(R), Sharpie(R), Sanford(R), Eldon(R), Paper Mate(R) and
 Liquid Paper(R).
 
     The Levolor/Hardware Group, a $1.5 billion entity led by Mr. Roberts.  An
 integration of parts of the former Home Decor and Hardware & Tools segments,
 this group includes such brands as Levolor(R) blinds, Kirsch(R) and
 Gardinia(R) drapery hardware, EZ Paintr(R) paint applicators, Amerock(R),
 Bulldog(R) and Spur(R) hardware and BernzOmatic(R) torches.
 
     The Calphalon/WearEver Group, a $1.2 billion entity.  Included in this
 segment are the Calphalon and WearEver cookware divisions and the Anchor
 Hocking and Pyrex (Europe) glassware divisions, reporting to Jeff Cooley.
 This segment also includes The Burnes of Boston/Connoisseur Group,
 manufacturers and marketers of picture frames and photo albums reporting to
 Vince Pasquale.  Brands include Burnes of Boston(R), Connoisseur(R) and
 Panodia(R).
 
     The Little Tikes/Graco Group, a $1.0 billion entity led by Brian Schnabel.
 Included in this category are the global Little Tikes, global Graco and Little
 Tikes Commercial Play Systems divisions, leading manufacturers and marketers
 of children's products, including car seats, strollers, high chairs, ride-ons
 and other toys.
 
     Newell Rubbermaid is headquartered in Freeport, Illinois and has
 48,800 employees worldwide.  The Company's Web site address is
 www.newellco.com .
 
     The statements contained in this press release that are not historical in
 nature are forward-looking statements.  Forward-looking statements are not
 guarantees since there are inherent difficulties in predicting future results,
 and actual results could differ materially from those expressed or implied in
 the forward-looking statements.  For a list of major factors that could cause
 actual results to differ materially from those projected, refer to Newell
 Rubbermaid's 2000 Form 10-K, Exhibit 99, filed with the Securities and
 Exchange Commission.
 
 SOURCE  Newell Rubbermaid Inc.

RELATED LINKS

http://www.rubbermaid.com