Lifetime Brands, Inc. (NASDAQ GS: LCUT), a leading global provider of branded kitchenware, tabletop and other products used in the home, today announced that its Board of Directors has appointed Daniel T. Siegel President of the Company. Since joining the Company in 1992, Dan, age 43, has held various positions, including Senior Vice President – Sales and, most recently, Executive Vice President. He also serves on the boards of directors of Grupo Vasconia S.A.B., Lifetime’s 30%-owned Partner Company in Mexico, and GS Internacional S/A, the Company’s 40%-owned Partner Company in Brazil. Jeffrey Siegel, Lifetime’s Chairman and Chief Executive Officer, commented,
The Company also announced that, at the Annual Meeting of Stockholders on June 13, 2013, stockholders elected the following directors to serve until the next Annual Meeting:
In addition, stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2013.
|“Dan has made many significant contributions to Lifetime. He repeatedly has demonstrated his expertise in the housewares industry, his passion for innovation and his strong leadership capabilities.|
|“Over the last two years, Dan has been the principal architect of Lifetime Next™, the strategic initiative that lays out our path for moving forward over the next five years. Dan also is responsible for Lifetime’s expanded focus on product innovation, for developing the Company’s social media and electronic marketing strategies and for overseeing the Company’s expansion into new markets outside North America.|
|“Dan’s promotion is part of the Company’s management succession plan, which is intended to insure that the next generation of leaders continues to execute our core strategies and drive growth in our business.”|
|Jeffrey Siegel||Chairman and Chief Executive Officer|
|Ronald Shiftan||Vice Chairman and Chief Operating Officer|
|Craig Phillips||Senior Vice President – Distribution|
|David E. R. Dangoor||President, Innoventive Partners LLC and Honorary Consul Generalof Sweden in New York|
|Michael Jeary||President, Laughlin Constable|
|John Koegel||Principal, Jo-Tan LLC|
|Cherrie Nanninga||Chief Operating Officer, New York Tri-State Region,CB Richard Ellis, Inc.|
|Michael J. Regan||Retired Partner, KPMG LLP|
|William Westerfield||Retired Partner, Price Waterhouse LLP|
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®, Fred®, Guy Fieri®, Hoffritz®, Kizmos™, Misto®, Pedrini®, Roshco®, Sabatier® and Vasconia®; respected tabletop brands such as Mikasa®, Pfaltzgraff®, Creative Tops®, Gorham®, International® Silver, Kirk Stieff®, Sasaki®, Towle® Silversmiths, Tuttle®, Wallace®, V&A® and Royal Botanic Gardens Kew®; and home solutions brands, including Elements®, Melannco®, Kamenstein® and Design for Living™. The Company also provides exclusive private label products to leading retailers worldwide. The Company’s website is www.lifetimebrands.com.