Doug Martin, appointed Chief Financial Officer of Newell Rubbermaid last month, will coordinate all of the company’s cost and cash initiatives to unlock the trapped capacity for growth. Martin, who has 25 years of experience at Newell Rubbermaid in virtually every aspect of corporate and operating finance, will continue to report to Polk. Martin will add responsibility for Information Technology with this reorganization.
Gordon Steele, Chief Information Officer, will report to Martin and will continue to be a member of the Executive Leadership Team. Steele joined Newell Rubbermaid from Nike in 2005 and has led the development of the company’s information technology strategy and the deployment of SAP across North America and EMEA. With over 80 percent of the company’s revenue now utilizing a common SAP platform, Steele will work with Martin to leverage this new cost visibility to drive out unproductive complexity and costs. All of the company’s IT talent will report to Steele.
John Stipancich, currently Chief Legal Officer and General Counsel, will continue in this role while also adding responsibility for delivering the company’s results in EMEA. Stipancich’s broad business experience in private equity before joining Newell Rubbermaid eight years ago will serve him well as the company continues to transform its EMEA business. He will continue to report to Polk but will be accountable to Chief Operating Officer Burke’s Delivery leadership team for EMEA financial results.
Jim Sweet, currently Chief Human Resources Officer, will continue in this role and report to Polk. Sweet, who joined the company in 2004, has been a business partner to the last three Chief Executive Officers at Newell Rubbermaid, has intimate knowledge of the company’s people and organization, and has provided strong change management leadership and business partnering to all of the company’s key leaders over that time.“I could not be more excited about partnering with my new team as we drive the next phase of our transformation and growth,” said President and CEO Polk. “These individuals are recognized as among the top of their respective fields and they will all be key contributors to my leadership team. The fact that our new teammates have chosen to leave big roles with challenging responsibilities to join Newell Rubbermaid is a strong validation of our potential and the power of the Growth Game Plan.”