Market Overview

Newell Brands Announces CEO Transition


Chief Executive Officer and Board Member Michael Polk to Retire

Newell Brands Inc. (NASDAQ:NWL) today announced that Michael Polk, the
company's President and Chief Executive Officer since 2011 and a member
of the Newell Brands Board of Directors since 2009, will retire from the
company at the end of the second quarter. The Board and Mr. Polk have
agreed that, as the company nears the completion of its Accelerated
Transformation Plan, now is the right time for a management transition.

The Board has commenced a search process to identify the Company's next
CEO, and has retained Heidrick & Struggles, a leading global executive
search firm, to assist in a thorough search process.

"On behalf of the Board, I want to thank Mike for his leadership and
contributions to Newell Brands," said Patrick Campbell, non-executive
independent Chairman of the Board. "Mike has played a significant role
in developing and executing a strategy to position Newell Brands as a
diversified, global branded consumer products company with a portfolio
of leading brands in large and growing global categories. While we
recognize that there is still work to do to become a leading consumer
goods company, we are confident that the company is taking the right
steps to execute its transformation, drive growth and increase
shareholder value. We appreciate Mike's continued support to facilitate
an orderly transition in the coming months as the Board conducts a
comprehensive search for the company's next Chief Executive Officer."

"I have been privileged to lead Newell Brands for the past eight years.
With the Accelerated Transformation Plan largely complete and the
business beginning to turn, I believe now is the right time to
transition to the next generation of leadership", said Mr. Polk. "I am
proud of the progress we have made since 2011 transforming the portfolio
and building a set of competitively advantaged capabilities in
innovation, design and eCommerce. I am committed to working alongside
the Board and the management team to ensure a smooth transition over the
next few months."

About Newell Brands

Newell Brands (NASDAQ:NWL) is a leading global consumer goods company
with a strong portfolio of well-known brands, including Paper Mate®,
Sharpie®, Dymo®, EXPO®, Parker®, Elmer's®, Coleman®, Marmot®, Oster®,
Sunbeam®, FoodSaver®, Mr. Coffee®, Graco®, Baby Jogger®, NUK®,
Calphalon®, Rubbermaid®, Contigo®, First Alert®, and Yankee Candle®. For
hundreds of millions of consumers, Newell Brands makes life better every
day, where they live, learn, work and play.

This press release and additional information about Newell Brands are
available on the company's website,

Cautionary Note Regarding Forward-Looking

This press release contains forward-looking information based on
management's current views and assumptions, including statements
regarding Mr. Polk's departure and the process to find his replacement.
Actual results and events may differ materially from those described in
the forward-looking statements above. Please refer to the cautionary
statements set forth in the "Forward-Looking Statements" section and
under the caption "Risk Factors" in Newell Brands' Annual Report on Form
10-K for other factors that could affect our business.

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