Newell Rubbermaid Appoints William T. Alldredge President- Corporate Development and Chief Financial Officer
FREEPORT, Ill., Jan 29, 2001 /PRNewswire via COMTEX/ -- Joseph Galli, Jr., President and Chief Executive Officer of Newell Rubbermaid Inc. (NYSE: NWL chart, msgs; CHX chart, msgs), today announced the appointment of William T. Alldredge to the position of President- Corporate Development and Chief Financial Officer. Mr. Alldredge succeeds Dale L. Matschullat, who was named the Company's General Counsel (a position Mr. Matschullat held in the past).
Mr. Alldredge, 60, joined Newell Rubbermaid in 1983 as Vice President-Finance after serving as President and Chief Executive Officer of the Mirro Corporation which Newell Rubbermaid acquired. He received his Bachelor of Arts and MBA from Michigan State University.
"Over the past 17 years Bill has played an integral role in all of the Company's significant transactions," stated Joseph Galli. "Bill's in-depth knowledge of our businesses will help us return to high levels of consistent financial performance. Bill has extensive experience working with Wall Street and understands the priority of building shareholder value."
Mr. Matschullat, 55, joined Newell Rubbermaid in 1989 as Vice President- General Counsel, after serving as Vice President and General Counsel of Allis-Chalmers Corporation. Mr. Matschullat has been active in the acquisition process since joining Newell Rubbermaid in 1989. He is a graduate of Stanford University and Stanford Law School.
Based in Freeport, Illinois, Newell Rubbermaid Inc. is a multi-national manufacturer and marketer of high-volume, long life cycle, branded, consumer products sold to volume purchasers for everyday use in the home or office, with 1999 sales of $6.4 billion. Newell Rubbermaid products are sold through a variety of retail and wholesale distribution channels in the following business segments: Storage, Organization & Cleaning, including Rubbermaid(R) and Curver(R) home products, Goody(R) hair accessories and Rubbermaid Commercial Products(TM); Food Preparation, Cooking & Serving, including Mirro(R) and Calphalon(R) cookware, Anchor Hocking(R) and Pyrex(R) (Europe) glassware; Infant/Juvenile Care & Play, including Little Tikes(R), Graco(R) and Century(R); Home Decor, including Levolor(R), Kirsch(R), Newell(R) and Gardinia(R) Window Furnishings and Intercraft(R), Burnes(R), Panodia(R), Albadecor(R), and Holson(R) picture frames and photo albums; Hardware & Tools, including Amerock(R), EZ Paintr(R), BernzOmatic(R), and Lee Rowan(R); and Office Products, including Sanford(R), Berol(R), Sharpie(R), Rotring(R), Reynolds(R), Paper Mate(R), Parker(R), and Waterman(R) markers and writing instruments, Rolodex(R) and Eldon(R) office storage and organization products and Liquid Paper(R) correction fluids.
This press release is also available on our web site at www.newellco.com .
Source: Newell Rubbermaid Inc.
Contact:
Ross A. Porter, Jr., Vice President of Investor Relations,
815-381-8150, fax, 815-381-8155, or Victoria C. Gilbert, Manager of Media
Relations, 815-381-8151, fax, 815-381-8155, both of Newell Rubbermaid, Inc.
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800-758-5804, ext. 765613
URL: newellco.com
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