David R. Lumley, President and Chief Executive Officer of Spectrum Brands Holdings, Inc. (NYSE: SPB), has been elected to a one-year term on the nine-member Board of Directors of Husqvarna AB (NASDAQ OMX STOCKHOLM: HUSQ B), a global leader in outdoor power products.
Mr. Lumley, 59, has served as President and CEO of Spectrum Brands, a global and diversified consumer products company, since April 2010 and as a Director since June 2010. He previously served as Co-Chief Operating Officer from January 2007 to April 2010. Mr. Lumley was appointed President of the Global Batteries and Personal Care businesses in January 2007, and in October 2008 his responsibilities were expanded to include the Home and Garden business. Prior to that time, he was President, North America since joining Spectrum Brands in January 2006.
Mr. Lumley joined Spectrum Brands from Newell Rubbermaid where he had served as President, Rubbermaid Home Products North America since January 2004. Prior to Newell Rubbermaid, he was President and CEO of EAS, a leading sports nutrition company, since 1999.
His background includes more than 25 years of experience in the consumer products industry, including President of Brunswick Bicycles; President of OMC International; Senior Vice President, Sales and Marketing at Outboard Marine Corporation; and a variety of leadership positions with Wilson Sporting Goods Co. and other companies.Mr. Lumley has previously served on the Board of Directors of Outboard Marine Corporation, EAS , Inc., Naked Juice Company, and Botanic Oil Innovations, Inc. He earned a bachelor’s degree in communications and marketing from Western Illinois University, a master’s degree in journalism from the Medill School of Journalism at Northwestern University, and an MBA from the Kellogg School of Management at Northwestern University. About Husqvarna Group Husqvarna Group is the world’s largest producer of outdoor power products including robotic lawn mowers, garden tractors, chainsaws and trimmers. The Group is also the European leader in consumer watering products and one of the world leaders in cutting equipment and diamond tools for the construction and stone industries. The Group’s products and solutions are sold via dealers and retailers to both consumers and professional users in more than 100 countries. North America and Europe are the major markets. Husqvarna was founded in 1689 and is headquartered in Stockholm, Sweden. Its shares are listed on the NASDAQ OMX Stockholm Exchange (HUSQ A and HUSQ B). Net sales in 2013 amounted to SEK 30 billion, and the Group had 14,000 employees on average in more than 40 countries. For more information, visit www.husqvarnagroup.com . About Spectrum Brands Holdings, Inc. Spectrum Brands Holdings, a member of the Russell 2000 Index, is a global and diversified consumer products company and a leading supplier of consumer batteries, residential locksets, residential builders’ hardware, faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products, and personal insect repellents. Helping to meet the needs of consumers worldwide, our Company offers a broad portfolio of market-leading, well-known and widely trusted brands including Rayovac®, Varta®, Kwikset®, Weiser®, Baldwin®, National Hardware®, Pfister®, Remington®, George Foreman®, Black & Decker®, Toastmaster®, Farberware®, Tetra®, Marineland®, Nature’s Miracle®, Dingo®, 8-in-1®, FURminator®, Littermaid®, Spectracide®, Cutter®, Repel®, Hot Shot® and Black Flag®. Spectrum Brands' products are sold by the world's top 25 retailers and are available in more than one million stores in approximately 140 countries on six continents. The Company has approximately 13,500 employees in 55 countries with manufacturing and product development facilities in the U.S., Europe, Latin America and Asia. Spectrum Brands Holdings generated net sales of approximately $4.1 billion in fiscal 2013. For more information, visit www.spectrumbrands.com .
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts