Newell Rubbermaid Appoints Chief Transformation Officer
Newell Rubbermaid has appointed Russ Torres to the newly created role of Chief Transformation Officer. He will be responsible for leading all integration and transformation efforts for the future Newell Brands organization, including delivering the revenue and cost synergies associated with the pending combination with Jarden Corporation, as well as completing the remaining savings in Project Renewal.
Torres will report to Mark Tarchetti, who will become the President of Newell Brands upon completion of the Jarden transaction.
Torres was previously a Partner at Bain & Company, one of the world's top management consulting firms. He played a lead role in the most recent phase of Renewal at Newell Rubbermaid, which is targeting $350M in savings. While at Bain & Company, Torres focused exclusively on consumer products where he led multiple large-scale transformations and played key roles in several large M&A transactions. He also has executive experience leading transformations at Kraft Foods and Mondelez International.
Torres will join Newell Rubbermaid on April 1 and the company expects to make a number of appointments to the cross-functional integration team in the next 30 days.
Torres will report to Mark Tarchetti, who will become the President of Newell Brands upon completion of the Jarden transaction.
Torres was previously a Partner at Bain & Company, one of the world's top management consulting firms. He played a lead role in the most recent phase of Renewal at Newell Rubbermaid, which is targeting $350M in savings. While at Bain & Company, Torres focused exclusively on consumer products where he led multiple large-scale transformations and played key roles in several large M&A transactions. He also has executive experience leading transformations at Kraft Foods and Mondelez International.
Torres will join Newell Rubbermaid on April 1 and the company expects to make a number of appointments to the cross-functional integration team in the next 30 days.