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Newell Rubbermaid Plans to Cut 10% of Jobs in Restructuring
[Bloomberg] Newell Rubbermaid Inc. (NWL), the maker of Sharpie pens and Calphalon cookware, hired a former Unilever strategist to help run the company under a new structure and plans to cut 10 percent of its jobs.Chief Executive Officer Michael Polk has reorganized in two new units as he seeks to boost sales outside the U.S., the Atlanta-based company said today in a statement. One unit, focused on brand development, will be run by Mark Tarchetti, UnileverÂ’s former head of global strategy. The other, focused on sales, distribution and supply, will be run by NewellÂ’s William A. Burke III, who was named chief operating officer. Posted by: Fred 2012-10-27 |
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