Tag Archives: Dave Lumley

Spectrum Global Batteries & Appliances Boosts Q2 Profit by 6.8 Percent

Spectrum Brands

MIDDLETON, Wis.-Spectrum Brands Holdings’ Global Batteries & Appliances segment, parent of its personal-care and small-electrics lines, posted a 6.8 percent gain in second-quarter segment profit, which totaled $44.2 million. Net sales for the quarter, which ended on March 30, reached $480.9 million, up 2.6 percent from last year’s second quarter. Net sales of the segment’sMore »

Spectrum CFO Genito to Leave Company

Spectrum Brands

MIDDLETON, Wis.-Tony Genito, chief financial officer of Spectrum Brands Holdings, will leave his post at the end of calendar 2014. A Spectrum statement said Genito, 57, plans to return with his family to the Southeast “to carry out our personal and professional plans,” he said. He has been the company’s chief financial officer since MarchMore »

Spectrum’s Lumley Elected to Husqvarna Board

Spectrum Tabs Lumley as CEO; Hussey to Retire

MIDDLETON, Wis.-Husqvarna, the outdoor power products manufacturer, has elected Dave Lumley, president and CEO of Spectrum Brands, to its board of directors. Lumley joined Spectrum, parent of the Remington personal-care brand and the Russell Hobbs line of small kitchen appliances, in 2006 as president, North America. He was named co-chief operating officer and president ofMore »

Rouvé Named Spectrum Brands COO

Andreas Rouvé

MIDDLETON, Wis.-Spectrum Brands, the parent of the Remington personal-care line and Russell Hobbs small appliances, has elected Andreas Rouvé chief operating officer, a new position for the company. Rouvé also remains president of the company’s international segment, and continues to report to Dave Lumley, president and CEO.  Lumley said Rouvé will also take on anMore »

Spectrum Brands Opens New World HQ

Spectrum Brands’ new headquarters

MIDDLETON, Wis.—Spectrum Brands Holdings has moved its world headquarters, several North American divisional operations and technology center to a newly built facility here. Middleton is a suburb of Madison, Wis., where the headquarters was previously located. Spectrum had announced that it would move to a new headquarters in January 2012. The company had considered relocatingMore »

Spectrum Brands Repays $100 Million in Debt

Spectrum

MADISON, Wis.-Spectrum Brands, parent company of the Remington line of personal-care products and the Russell Hobbs collection of small electrics, has reduced its debt by $100 million, thus meeting its objective of repaying term debt by at least $200 million by the end of fiscal 2013. The company’s fiscal year ended earlier this week. “WeMore »

Polistina to Leave as Head of Spectrum Global Appliances

Spectrum

MADISON, Wis.-Terry Polistina, president of the global appliances division of Spectrum Brands, will exit his post effective Sept. 30, but will continue to serve on the company’s board of directors. When Spectrum completed its acquisition of Russell Hobbs—parent of the Black & Decker, George Foreman, Farberware, Toastmaster and Juiceman small-electrics brands—in June 2010, Polistina, thenMore »

Q3 Profit Falls For Spectrum Brands’ Global Batteries and Appliances

Spectrum

MADISON, Wis.-Third-quarter segment profit for Spectrum Brands’ Global Batteries & Appliances unit dropped 4.7 percent, to $44.9 million, with sales declining for the unit’s small appliances and personal-care products. Net sales for the segment totaled $491.6 million, down 1.8 percent, in the quarter which ended on June 30. This included a 2.6 percent falloff inMore »