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Rubbermaid Names CEO

Interim chief Mark Ketchum gets the nod.
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Newell Rubbermaid (NWL) named its interim chief, Mark D. Ketchum, president and chief executive.

The Atlanta-based maker of kitchen goods said a CEO search was conducted by the board's search committee in partnership with an executive recruiting firm. Ketchum, a 33-year veteran of

Procter & Gamble


, took over as interim chief in October when previous Chief Executive Joseph Galli resigned "by mutual agreement" with the board.

"After a thorough review of outstanding external candidates, coupled with our analysis of Mark while he performed in the role of Interim CEO these last 4 months, it became clear that Mark is the right person to lead Newell Rubbermaid in achieving excellence across our broad product portfolio," said Chairman William Marohn. "Mark has a proven track record of product innovation, brand positioning, top-line sales growth and operational excellence on a global basis. Our Board of Directors believes he is the right person to lead Newell Rubbermaid on its future path and bring strategic focus to the organization."