Lifetime Brands, Inc. (NASDAQ GS: LCUT), a leading global provider of kitchenware, tabletop and home décor products, today announced that Michael J. Regan has been nominated for election to the Company’s Board of Directors. The election of Directors will take place at Lifetime’s annual meeting, scheduled for June 13, 2012.
Mr. Regan is a former Vice Chairman and Chief Administrative Officer of KPMG LLP and was the lead audit partner for many Fortune 500 companies during his 40-year tenure with KPMG. From 1993 – 1996, he was National Partner in Charge – Operations for Manufacturing, Retailing and Distribution. He also served as KPMG’s SEC Reviewing Partner for 13 years.
Mr. Regan currently is a Director of DynaVox Inc., a provider of speech generating devices and symbol-adapted special education software, and of Scientific Games Corporation, an entertainment and media company.
“We are delighted to nominate Mike to our Board of Directors,” said Jeffrey Siegel, Lifetime’s Chairman, President and Chief Executive Officer. “Mike’s distinguished career as an audit partner in a large international accounting firm, his financial, business and strategic acumen, his knowledge of the retail and consumer products industries, and his extensive public company board experience will all be extremely valuable to Lifetime Brands. We look forward to his contributions.”Mr. Regan joined KPMG in 1962 and was elected to the partnership in 1975. He received a bachelor of business administration degree from Manhattan College and served for four years in the U.S. Navy. He previously served on the Boards of Directors of Citadel Broadcasting Corporation and Allied Security Holdings LLC. Lifetime Brands, Inc. Lifetime Brands is a provider of kitchenware, tabletop and other products used in the home. The Company markets its products under such well-known kitchenware brands as Farberware®, KitchenAid®, CasaMōda®, Cuisinart®, Cuisine de France®, Guy Fieri®, Hoffritz®, Kizmos™, Misto®, Pedrini®, Roshco®, Sabatier®, Savora™ and Vasconia®; respected tabletop brands such as Mikasa®, Pfaltzgraff®, Creative Tops®, Calvin Klein®, Gorham®, International® Silver, Kirk Stieff®, Nautica®, Sasaki®, Towle® Silversmiths, Tuttle®, Wallace®, V&A® and Royal Botanic Gardens Kew®; and home solutions brands, including Elements®, Melannco®, Kamenstein® and Design for Living™.
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