secwatch / observer

NEWELL BRANDS INC. — fact timeline

Source-grounded facts extracted from NEWELL BRANDS INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NWL NEWELL BRANDS INC. JSON
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Approval of Newell Brands Inc. 2026 Incentive Plan at the 2026-05-07 meeting.

“The stockholders approved the Newell Brands Inc. 2026 Incentive Plan: For Against Abstain Broker Non-Votes 305,206,680 20,662,767 704,041 41,561,938”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Advisory resolution to approve named executive officer compensation (Say-On-Pay) at the 2026-05-07 meeting.

“The stockholders approved the advisory resolution to approve named executive officer compensation (“Say-On-Pay”): For Against Abstain Broker Non-Votes 254,464,829 71,068,404 1,040,255 41,561,938”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-07 meeting.

“The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026: For Against Abstain 363,199,115 4,359,352 576,959”
Earnings Releases

NEWELL BRANDS INC. reported the quarter ended March 31, 2026 results: revenue $1.5 billion, net income $33 million, EPS $0.08. Guidance raised.

“First Quarter 2026 Highlights – Net sales were $1.5 billion, a decline of 1.1% compared with the prior year period. Core sales declined 3.5% compared with the prior year period. – Gross margin increased to 33.1% compared with 32.1% in the prior year period. Normalized gross margin increased to 33.2% compared with 32.5% in the prior year period. – Operating margin improved to 2.2% compared with 1.3% in the prior year period. Normalized operating margin increased to 4.8% compared with 4.5% in the prior year period. – Net loss was $33 million compared with $37 million in the prior year period. Normalized net loss was $21 million compared with $6 million in the prior year period. – Reported diluted loss per share was $0.08 compared with $0.09 in the prior year period. Normalized diluted loss per share was $0.05 compared with $0.01 in the prior year period. – Normalized EBITDA was $135 million compared with $136 million in the prior year period. – Raised full year 2026 outlook for net sales”
Restructurings & Charges

NEWELL BRANDS INC. announced a restructuring with charges of approximately $75 million to $90 million affecting global productivity plan across the Company (approximately 10% globally (approximately 900 employees)).

“The Company estimates that it will incur approximately $75 million to $90 million in restructuring and restructuring-related charges in connection with the Plan”
Debt Financings

NEWELL BRANDS INC. incurred senior notes of $1,250,000,000 with U.S. Bank Trust Company, National Association at 8.500% maturing due 2028.

“On May 22, 2025, Newell Brands Inc. (the “Company”) issued $1,250,000,000 of aggregate principal amount of 8.500% senior notes due 2028 (the “Notes”)”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Amendment to the Company’s Charter to include an officer exculpation provision at the 2024-05-09 meeting.

“The stockholders approved an amendment to the Company’s Charter to include an officer exculpation provision: For Against Abstain Broker Non-Votes 288,246,853 49,892,624 660,805 30,680,727”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Amendment to the Newell Brands Inc. 2022 Incentive Plan at the 2024-05-09 meeting.

“The stockholders approved an amendment to the Newell Brands Inc. 2022 Incentive Plan: For Against Abstain Broker Non-Votes 326,211,111 11,751,483 837,688 30,680,727”
Shareholder Votes

NEWELL BRANDS INC. shareholders rejected Advisory resolution to approve named executive officer compensation at the 2024-05-09 meeting.

“The stockholders did not approve the advisory resolution to approve named executive officer compensation (“Say-On-Pay”): For Against Abstain Broker Non-Votes 146,805,243 191,026,103 968,936 30,680,727”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-09 meeting.

“The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: For Against Abstain 366,754,303 2,217,219 509,487”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Election of each of the eight nominees to the Board of Directors for a one-year term at the 2024-05-09 meeting.

“The stockholders elected each of the following eight nominees to the Board of Directors for a one-year term by a majority vote: For Against Abstain Broker Non-Votes Bridget Ryan Berman 303,405,490 35,024,343 370,449 30,680,727 Patrick D. Campbell 329,856,875 8,454,781 488,626 30,680,727 James P. Keane 334,260,687 4,025,546 514,049 30,680,727 Gerardo I. Lopez 333,476,412 4,950,416 373,454 30,680,727 Christopher H. Peterson 336,416,747 2,051,765 331,770 30,680,727 Judith A. Sprieser 333,646,553 4,788,451 365,278 30,680,727 Stephanie P. Stahl 333,163,048 5,262,912 374,322 30,680,727 Anthony Terry 336,122,964 2,192,527 484,791 30,680,727”
Earnings Releases

NEWELL BRANDS INC. reported first quarter 2024 results: revenue $1.7 billion, net income $9 million, EPS $0.02. Guidance reaffirmed.

“due to the seasonality of the business. With a stronger than anticipated start to the year we remain confident in our full year outlook." Executive Summary – Net sales were $1.7 billion, a decline of 8.4 percent compared with the prior year period. Core sales declined 4.7 percent compared with the prior year period. – Reported gross margin increased to 30.5”

Jeffrey M. Sesplankis resigned as Chief Accounting Officer at NEWELL BRANDS INC..

“On March 19, 2024, Mr. Jeffrey M. Sesplankis, the Company’s current Chief Accounting Officer, resigned from his current roles as Chief Accounting Officer and Principal Accounting Officer effective as of March 25, 2024, and his employment with the Company will terminate effective as of April 1, 2024.”

Robert A. Schmidt was appointed as Chief Accounting Officer at NEWELL BRANDS INC..

“On March 19, 2024, Newell Brands Inc. (the “Company”) appointed Robert A. Schmidt to serve as the Company’s Chief Accounting Officer (Principal Accounting Officer), effective March 25, 2024.”
Governance Changes

NEWELL BRANDS INC.: Amended bylaws to reduce the minimum number of directors from nine to eight (effective 2024-02-21).

“On February 21, 2024, the Company’s Board approved amendments to the Company’s By-Laws, as previously amended on May 15, 2023 (as so amended, the “Amended By-Laws” and such amendments, the “By-Law Amendments”). The By-Law Amendments, which are effective immediately, update the minimum number of directors required to serve on the Board from nine to eight.”

Bridget Ryan Berman changed role as Chair of the Board at NEWELL BRANDS INC..

“On February 21, 2024, the Board designated Bridget Ryan Berman to serve as Chair of the Board, effective May 8, 2024.”

Jay Johnson departed as Director at NEWELL BRANDS INC..

“Robert Steele, Courtney Mather, and Jay Johnson have informed the Board of their preference not to seek re-election to the Company’s Board of Directors at its 2024 Annual Meeting of Stockholders in order to focus on other commitments.”

Courtney Mather departed as Director at NEWELL BRANDS INC..

“Robert Steele, Courtney Mather, and Jay Johnson have informed the Board of their preference not to seek re-election to the Company’s Board of Directors at its 2024 Annual Meeting of Stockholders in order to focus on other commitments.”

Robert Steele departed as Director at NEWELL BRANDS INC..

“Robert Steele, Courtney Mather, and Jay Johnson have informed the Board of their preference not to seek re-election to the Company’s Board of Directors at its 2024 Annual Meeting of Stockholders in order to focus on other commitments.”

James Keane was elected as Director at NEWELL BRANDS INC..

“On February 15, 2024, the Board of Directors (the “Board”) of Newell Brands Inc. (the “Company”) increased the size of the Board from ten members to eleven and elected James Keane to the Board of Directors, effective immediately.”
Debt Financings

NEWELL BRANDS INC. amended revolving credit of reduces the Commitments of the Lenders from $1.5 billion to $1 billion with JPMorgan Chase Bank, N.A., as Administrative Agent.

“ubsidiaries, as subsidiary borrowers (the “Subsidiary Borrowers”), and certain of its subsidiaries, as subsidiary guarantors, entered into a second amendment to the five-year revolving credit agreement (the “Second Amendment”) with a syndicate of banks led by JPMorgan Chase Bank, N.A., as Administrative Agent. The Second Amendment amends the Company’s existing revolving credit agreement, dated as of August 31, 2022, among the Company, JPMorgan Chase Bank, N.A., as administrative agent, and the other agents and lenders party thereto (as amended, including by the Second Amendment, the “Revolving Credit Agreement”).”
Material Agreements

NEWELL BRANDS INC. amended Second Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent (effective 2024-02-07).

“On February 7, 2024, Newell Brands Inc. (the “Company”), certain of its subsidiaries, as subsidiary borrowers (the “Subsidiary Borrowers”), and certain of its subsidiaries, as subsidiary guarantors, entered into a second amendment to the five-year revolving credit agreement (the “Second Amendment”) with a syndicate of banks led by JPMorgan Chase Bank, N.A., as Administrative Agent.”
Earnings Releases

NEWELL BRANDS INC. reported full year 2024 results: EPS $0.52 to $0.62. Guidance initiated.

“The company initiated its full year 2024 outlook for net sales decline of 8 percent to 5 percent and normalized earnings per share of $0.52 to $0.62.”
Earnings Releases

NEWELL BRANDS INC. reported Full Year 2023 results: net income operating cash flow increased by $1.2 billion to $930 million. Guidance initiated.

“Full year operating cash flow increased by $1.2 billion to $930 million compared with outflow of $272 million in the prior year.”
Earnings Releases

NEWELL BRANDS INC. reported Fourth Quarter 2023 results: revenue $2.1 billion, net income $86 million, or $0.21 diluted loss per share, EPS $0.22 normalized diluted earnings per share. Guidance initiated.

“Fourth quarter net sales were $2.1 billion, a decline of 9.1 percent compared with the prior year period.”
Earnings Releases

NEWELL BRANDS INC. updated its the quarter and year ended December 31, 2023 guidance (initiated).

“On February 9, 2024 Newell Brands Inc. (the “Company”) issued a press release including additional financial information to report the Company’s earnings for the quarter and year ended December 31, 2023, which is attached to this report as Exhibit 99.1.”
Restructurings & Charges

NEWELL BRANDS INC. announced a restructuring with charges of approximately $75 million to $90 million affecting global organizational realignment (reduce its office roles by approximately 7%).

“The Company estimates that it will incur approximately $75 million to $90 million in restructuring and restructuring-related charges in connection with the Plan, substantially all of which are expected to be incurred by the end of fiscal 2024.”

Anthony Terry was elected as Director at NEWELL BRANDS INC..

“On November 29, 2023, the Board of Directors (the “Board”) of Newell Brands Inc. (the “Company”) voted to increase the size of the Board from nine members to ten and to elect Anthony Terry to the Board of Directors, effective January 1, 2024.”
Earnings Releases

NEWELL BRANDS INC. reported quarter ended September 30, 2023 results: revenue $2.0 billion, net income net loss of $218 million, or $0.53 diluted loss per share, EPS $0.53 diluted loss per share. Guidance reaffirmed.

“Net sales were $2.0 billion, a 9.1 percent decline compared to the prior year period”
Debt Financings

NEWELL BRANDS INC. incurred debt of up to $275 million with Royal Bank of Canada, as administrative agent at SOFR calculated based on term SOFR for a one-month interest period, plus 0.10% maturing three-year.

“The New A/R Facility provides for liquidity in an amount of up to $275 million between April and February of each year and up to $225 million at all other times.”
Material Agreements

NEWELL BRANDS INC. entered into New A/R Facility with Royal Bank of Canada, as administrative agent valued at up to $275 million (effective 2023-10-02).

“On October 2, 2023, following the termination of its existing accounts receivable securitization facility (the “Former A/R Facility”), which had no outstanding borrowings at termination, Newell Brands Inc. (the “Company”), the Originators (as defined below), each of which is a wholly-owned subsidiary of the Company, and Jarden Receivables, LLC, a wholly-owned bankruptcy-remote special purpose entity (the “SPE”), entered into a new three-year revolving accounts receivable securitization facility (the “New A/R Facility”).”

Gaoxiang (Gary) Hu resigned as Director at NEWELL BRANDS INC..

“Effective September 15, 2023, Gaoxiang (Gary) Hu and David Willetts resigned from the Board of Directors (the “Board”) of the Company.”

David Willetts resigned as Director at NEWELL BRANDS INC..

“Effective September 15, 2023, Gaoxiang (Gary) Hu and David Willetts resigned from the Board of Directors (the “Board”) of the Company.”
Material Agreements

NEWELL BRANDS INC. amended Fourth Amendment (effective 2023-08-08).

“On August 8, 2023, Newell Brands Inc. (the “Company”) and Jarden Receivables, LLC, a wholly-owned subsidiary of the Company (“Jarden Receivables”) entered into the Fourth Amendment (the “Amendment”) to the Amended and Restated Loan and Servicing Agreement”
Earnings Releases

NEWELL BRANDS INC. reported the quarter ended June 30, 2023 results: revenue $2.2 billion, net income $18 million, EPS $0.04.

“operating margin to be up significantly versus both the first half of this year and the second half of last year." Second Quarter 2023 Executive Summary – Net sales were $2.2 billion, a decline of 13.0 percent compared with the prior year period. – Core sales declined 11.9 percent compared with the prior year period. – Reported operating margin was 5.4”
Restructurings & Charges

NEWELL BRANDS INC. announced a restructuring with charges of approximately $37 million to $49 million affecting North American distribution network.

“and other bought cost reductions, in connection with the Network Optimization Project when it is fully implemented. The Company estimates that it will incur approximately $37 million to $49 million in restructuring and restructuring-related charges associated with execution of the Network Optimization Project and expects that the costs incurred will be”
Governance Changes

NEWELL BRANDS INC.: Amended By-Laws to update advance notice provisions, adopt universal proxy rules, and add exclusive forum provision for Securities Act claims (effective 2023-05-15).

“On May 15, 2023, as part of its periodic review of corporate governance matters, the Company’s Board approved amendments to the Company’s By-Laws”
Shareholder Votes

NEWELL BRANDS INC. shareholders rejected Stockholder proposal to amend the stockholder right to action by written consent at the 2023-05-16 meeting.

“The stockholders did not approve the stockholder proposal to amend the stockholder right to action by written consent: For Against Abstain Broker Non-Votes 27,989,163 316,795,317 1,127,287 31,200,977”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Advisory vote on frequency of future Say-On-Pay votes at the 2023-05-16 meeting.

“The stockholders approved a One Year Frequency for the vote on the advisory resolution to approve executive compensation: One Year Two Years Three Years Abstain Broker Non-Votes 338,227,317 531,866 6,702,954 449,630 31,200,977”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Advisory resolution to approve executive compensation (Say-On-Pay) at the 2023-05-16 meeting.

“The stockholders approved the advisory resolution to approve executive compensation (“Say-On-Pay”): For Against Abstain Broker Non-Votes 329,319,617 15,240,217 1,351,933 31,200,977”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2023 at the 2023-05-16 meeting.

“The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year 2023: For Against Abstain 373,564,098 3,107,156 441,490”
Shareholder Votes

NEWELL BRANDS INC. shareholders approved Election of eleven nominees to the Board of Directors for a one-year term at the 2023-05-16 meeting.

“The stockholders elected each of the following eleven nominees to the Board of Directors for a one-year term by a majority vote: For Against Abstain Broker Non-Votes Patrick D. Campbell 342,287,191 3,103,782 520,794 31,200,977 Gaoxiang (Gary) Hu 335,903,176 9,687,783 320,808 31,200,977 Jay L. Johnson 317,545,356 28,028,985 337,426 31,200,977 Gerardo I. Lopez 343,165,927 2,420,105 325,735 31,200,977 Courtney R Mather 342,745,292 2,864,102 302,373 31,200,977 Christopher H. Peterson 342,447,522 3,153,775 310,470 31,200,977 Bridget Ryan Berman 327,307,078 18,290,763 313,926 31,200,977 Judith A. Sprieser 342,796,362 2,811,927 303,478 31,200,977 Stephanie P. Stahl 343,564,415 2,025,376 321,976 31,200,977 Robert A. Steele 330,443,157 15,151,914 316,696 31,200,977 David P. Willetts 341,948,352 3,637,411 326,004 31,200,977”
Earnings Releases

NEWELL BRANDS INC. updated its first quarter 2023 guidance (reaffirmed).

“On April 28, 2023 Newell Brands Inc. (the “Company”) issued a press release including additional financial information to report the Company’s earnings for the quarter ended March 31, 2023, which is attached to this report as Exhibit 99.1.”
Material Agreements

NEWELL BRANDS INC. amended First Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent (effective 2023-03-27).

“On March 27, 2023, Newell Brands Inc. (the “Company”) and certain of its subsidiaries, as subsidiary borrowers (the “Subsidiary Borrowers”), entered into an amendment to the five-year revolving credit agreement (the “First Amendment”) with a syndicate of banks led by JPMorgan Chase Bank, N.A., as Administrative Agent.”

David Willetts was elected as Director at NEWELL BRANDS INC..

“On March 14, 2023, the Board elected David Willetts as a director effective March 15, 2023, pursuant to the terms of the Director Appointment and Nomination Agreement, dated as of March 18, 2018 (as amended on April 23, 2018 and February 8, 2023), between the Company and the Icahn Group (the “Nomination Agreement”).”

Brett Icahn resigned as Director at NEWELL BRANDS INC..

“On March 13, 2023, Brett Icahn resigned from the Board of Directors (the “Board”) of Newell Brands Inc. (the “Company”) in order to reduce the number of public company boards of directors on which he serves.”

Christopher H. Peterson was appointed as President and Chief Executive Officer at NEWELL BRANDS INC..

“Christopher H. Peterson, has been appointed to serve as President and Chief Executive Officer effective upon the conclusion of the Annual Meeting.”

Ravichandra K. Saligram departed as Chief Executive Officer at NEWELL BRANDS INC..

“Ravichandra K. Saligram, the Company’s Chief Executive Officer (“CEO”) and member of the Company’s Board of Directors (the “Board”), will retire from the Company on May 16, 2023”
Earnings Releases

NEWELL BRANDS INC. reported financial results for the fiscal year ended December 31, 2022.

“The Company has prepared supplementary financial information attached hereto as Exhibit 99.1, to provide investors comparative financial results for each of the three operating segments in prior periods.”
Earnings Releases

NEWELL BRANDS INC. updated its the quarter and year ended December 31, 2022 guidance (initiated).

“On February 10, 2023 Newell Brands Inc. (the “Company”) issued a press release including additional financial information to report the Company’s earnings for the quarter and year ended December 31, 2022, which is attached to this report as Exhibit 99.1.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.