Newell Brands hired Mark Erceg as CFO, effective January 9, 2023. He succeeds Chris Peterson who transitions into his role as president, reporting to Ravi Saligram, CEO.

Erceg will be based in Atlanta, GA and report to Peterson.

Erceg brings 30 years of global financial and operational experience to the role. Most recently he was the executive vice president and chief financial officer at Cerner Corp. Before that, Erceg held CFO positions at Tiffany & Co., Canadian Pacific Railway and Masonite International Corp. He began his career at Procter & Gamble, where he spent more than 18 years in various roles of increasing responsibility.

“I am excited that Mark is joining Newell Brands. We have worked together in the past, and I am looking forward to partnering with him again,” said Peterson. “Mark is a highly experienced public company CFO with relevant industry experience and a strong track record of value creation. I believe the depth and breadth of his financial and operational experience will be a significant asset to our organization, as we continue to execute our strategic priorities.”

“I am pleased to welcome Mark to Newell’s Leadership Team and believe his multiple experiences as CFO will add significant value to Newell Brands. I am confident that he and Chris will be a powerful combination to drive profitable growth and improve operational excellence while reducing complexity and optimizing cash flow,” said Saligram.

Newell Brands’ portfolio includes Rubbermaid, FoodSaver, Calphalon, Sistema, Sharpie, Paper Mate, Dymo, EXPO, Elmer’s, Yankee Candle, Graco, NUK, Rubbermaid Commercial Products, Spontex, Coleman, Campingaz, Contigo, Oster, Sunbeam and Mr. Coffee.