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Mark Tarchetti Will Join Newell Rubbermaid As Chief Development Officer Responsible For Building Big Brand Ideas, High-impact Disruptive Innovation And A True Point Of Difference Through Superior Design And Product Experience. (Photo: Business Wire)

Stocks in this article: NWL

At the same time as strengthening development and delivery capabilities, Newell Rubbermaid will create much flatter structures, giving bigger roles to key leaders and driving simplification throughout the organization in order to focus on growth. The company will start by delayering the top structures, eliminating the two operating Groups (Consumer and Professional) while further consolidating the Global Business Units (GBUs) from nine GBUs to six Business Segments.

These six Business Segments will be part of the Delivery organization:

  • Tools: Irwin® and Lenox® tools and Dymo® industrial
  • Commercial Products: Rubbermaid Commercial Products® and Rubbermaid® Healthcare
  • Writing: Sharpie®, Paper Mate®, Expo®, Prismacolor®, Parker® and Waterman®
  • Baby & Parenting: Graco®, Aprica® and Teutonia®
  • Home Solutions: Rubbermaid®, Calphalon®, Levolor®, Kirsch® and Goody®
  • Specialty: Bulldog®, Ashland®, Shur-Line®, Dymo® office, Endicia® and Mimio®

New Executive Leadership: Significant Additions to the Newell Executive Team

In the context of the company’s new organization, the company is making a series of new leadership appointments to strengthen the Newell Executive Team.

Mark Tarchetti, the former head of Global Corporate Strategy at Unilever, will join the company in January as Chief Development Officer and lead the new Development Organization. Originally from the United Kingdom, Tarchetti is the founder of international consulting firm Tarchetti & Co. Ltd. and has been supporting the development of Newell Rubbermaid’s new business strategy over the last year. Prior to starting his own consulting firm, Tarchetti spent 14 years at Unilever in a variety of senior strategy, business and finance roles, culminating in being appointed the head of Global Corporate Strategy, reporting directly to Unilever’s first external Chief Executive Officer and driving the development of the company’s new corporate strategy with the top executive team. He will report to President and CEO Polk.

William A. Burke III, currently Group President, Newell Professional, has been appointed Chief Operating Officer and will lead the new Delivery Organization. Burke has a proven track record of outstanding leadership and consistent growth in his 10 years at Newell Rubbermaid, including leading and repositioning the Lenox brand to deliver double-digit sales growth and heading the company’s Professional businesses to accelerate international expansion. Burke’s businesses have been the most significant contributors to company growth over the last few years. He will continue to report to President and CEO Polk.

Bolstering the Development and Delivery organizations are the following significant new additions to the Newell Executive Leadership Team:

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