Newell Brands announced Tuesday it has appointed Ravi Saligram as its new CEO and president, effective Oct. 2.
Saligram has also been named to the Hoboken-based consumer goods company’s board of directors.
“After a rigorous and wide-ranging selection process, the board is delighted to welcome Ravi as the company’s next CEO,” Patrick Campbell, chairman of the board of Newell Brands, said.
“Ravi is an exceptional business leader and a proven chief executive officer with a track record of building diverse leadership teams while delivering high quality performance in complex multiunit organizations. He has an impressive history of driving shareholder value during his prior CEO roles, and he has successfully executed multiple digital transformations during his career. He is noted for his leadership in consumer-facing and digital businesses and has lived and worked in multiple international environments. The board welcomes Ravi to the role and looks forward to partnering with him and the broader leadership team to build Newell Brands into a leading next-generation consumer products company.”
Saligram comes to Newell Brands with extensive experience in consumer brands, omnichannel commerce and global operations. He is currently the CEO and director at Ritchie Bros. Auctioneers Inc.
Prior to that, he was CEO of OfficeMax Inc. exiting the company after he successfully merged it with Office Depot. From 2003 to 2010, he served in executive management roles with ARAMARK Corp., including president of ARAMARK International and chief globalization office and executive vice president. From 1994 to 2002, he was at InterContinental Hotels Group serving as president of brands and franchise for North America; chief marketing officer and managing director, global strategy; president, international; and president, Asia Pacific. Earlier in his career, Saligram held various management roles at S.C. Johnson & Son Inc. He began his career at Leo Burnett Co.
“I am delighted to return to my roots in CPG and lead the Newell team to reestablish the organization as a premier, cutting edge consumer products company that is at the forefront of meeting evolving needs and lifestyles,” Saligram said. “I am confident that Newell, with its iconic brands and a compelling product portfolio, is ripe for building a strong growth platform that drives shareholder value through the creative intersection of design, innovation, e-commerce and efficiencies. I’m excited to partner with the leadership team as we galvanize employees to drive world-class execution, become digital-first and build a forward-looking, winning culture.”