Martin Named CFO at Newell Rubbermaid
September 6, 2012,
ATLANTA-Newell Rubbermaid has appointed Doug Martin, a 25-year veteran of the company, as chief financial officer.
Martin is succeeding Juan Figuereo, who is stepping down from the company after serving as chief financial officer since 2009. Figuereo will remain with Newell for a few months to ensure a seamless transition, the company said in a statement.
Michael Polk, Newell's president and CEO, said the company is "making good progress in the execution of our growth game plan by taking an aggressive stance toward reducing structural costs and working capital, and increasing brand investment. Doug's strategic leadership, financial expertise and deep company and industry knowledge will be instrumental to helping us realize our growth ambition."