Spectrum Tabs Lumley as CEO; Hussey to Retire
April 15, 2010,
ATLANTA-David Lumley has been named chief executive officer of Spectrum Brands, parent company of the Remington brand, succeeding the retiring Kent Hussey, effective immediately.
According to a company statement, Hussey will remain as chairman of the board through the close of the merger between Spectrum and Russell Hobbs, the former Salton Inc., after which a successor to the chairman's post will be named. Lumley will retain his current responsibilities as president of Spectrum's Global Batteries & Personal Care and Home & Garden units, and as co-chief operating officer with John Heil. He has also been named to the company's board of directors.
Announced on Feb. 9, the merger with Russell Hobbs is expected to take place during the summer. Spectrum also said it plans to transition its corporate headquarters from here to Madison, Wis.