Atlanta-based Newell Rubbermaid announced that president and CEO, Mark Ketchum, will retire later this year.
An executive recruiting firm has been retained to search for Ketchum’s replacement.
Ketchum plans to remain on the company’s board of directors through the spring of 2012 to help ensure a smooth and orderly transition to a new leader, the company said.
Ketchum, 61, joined Newell Rubbermaid as a director in 2005 and became president and CEO later that year.
