Newell Brands Appoints New CFO
Newell Brands announced the appointment of Mark Erceg as Chief Financial Officer, effective Jan. 9, 2023. Mr. Erceg will succeed Chris Peterson in that capacity and will become a member of the company’s Leadership Team. Chris Peterson will fully transition into his role as President, Newell Brands and continue to report to Ravi Saligram, chief executive officer. Erceg will be based in Atlanta and will report to Chris Peterson.
Erceg is a seasoned executive, who brings 30 years of global financial and operational experience to Newell Brands. Most recently he served as Executive Vice President and Chief Financial Officer at Cerner Corporation. Prior to that, Erceg held CFO positions at Tiffany & Company, Canadian Pacific Railway and Masonite International Corporation. He began his career at Procter & Gamble, where he spent more than 18 years in a variety of roles of increasing responsibility.
Erceg will lead all aspects of the company’s Finance and Information Technology functions including business planning & analysis, accounting, SEC reporting, internal audit, tax, treasury, investor relations, information management and global business services.
“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 Chris Peterson, president and chief financial officer. “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 on 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, improve operational excellence, while reducing complexity and optimizing cash flow,” says Ravi Saligram, chief executive officer.
“I am delighted to join Newell Brands, home to many leading iconic consumer brands, and see tremendous opportunity for value creation, as we build upon Newell’s strong financial and operational foundation, while developing capabilities that further strengthen the company’s competitive advantage,” says Mark Erceg.