Newell Brands (NWL) Announces Organizational Realignment

Go back to Newell Brands (NWL) Announces Organizational Realignment

Newell Brands Announces Organizational Realignment

January 8, 2024 8:30 AM EST

Plan to Accelerate Where to Play / How to Win Strategy Choices and Reduce Overhead Cost

Expect Annualized Pre-Tax Savings of $65 Million to $90 Million, Net of Reinvestment

ATLANTA--(BUSINESS WIRE)-- Newell Brands (NASDAQ: NWL) today announced an organizational realignment, which is expected to strengthen the companys front-end commercial capabilities, such as consumer understanding and brand communication, in support of the Where to Play / How to Win choices the company unveiled in June of 2023. In addition to improving accountability, Newells organizational realignment should further unlock operational... More