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Lifetime Brands, Inc. Announces Appointment of Jeffrey Evans to Board of Directors

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Lifetime Brands (LCUT) has appointed Jeffrey Evans as an independent director to its Board of Directors, effective immediately. Evans brings three decades of retail and consumer leadership experience, most recently serving as President and Chief Merchandising Officer of At Home. His previous roles include 16 years at Walmart in senior merchandising positions, including EVP for Entertainment, Toys, and Seasonal (2020-2022) and SVP for Walmart Home (2017-2020).

The appointment aims to strengthen Lifetime's market position through Evans' expertise in merchandising strategies and digital commerce. CEO Rob Kay highlighted that Evans' experience with key customers like Walmart, Sam's Club, and At Home will be valuable in developing growth initiatives and enhancing the company's data-driven approach to product innovation and go-to-market strategies.

Lifetime Brands (LCUT) ha nominato Jeffrey Evans come direttore indipendente nel suo Consiglio di Amministrazione, con effetto immediato. Evans porta con sé tre decenni di esperienza nella leadership nel settore retail e dei consumatori, avendo recentemente ricoperto il ruolo di Presidente e Chief Merchandising Officer di At Home. Le sue esperienze lavorative precedenti includono 16 anni in Walmart in posizioni dirigenziali nel merchandising, tra cui EVP per intrattenimento, giocattoli e articoli stagionali (2020-2022) e SVP per Walmart Home (2017-2020).

Questa nomina mira a rafforzare la posizione di mercato di Lifetime attraverso l'expertise di Evans in strategie di merchandising e commercio digitale. Il CEO Rob Kay ha sottolineato che l'esperienza di Evans con clienti chiave come Walmart, Sam's Club e At Home sarà preziosa per sviluppare iniziative di crescita e migliorare l'approccio dell'azienda basato sui dati per l'innovazione dei prodotti e le strategie di ingresso nel mercato.

Lifetime Brands (LCUT) ha nombrado a Jeffrey Evans como director independiente de su Junta Directiva, con efecto inmediato. Evans aporta tres décadas de experiencia en liderazgo minorista y de consumidores, habiendo desempeñado recientemente el cargo de Presidente y Director Comercial de At Home. Sus roles anteriores incluyen 16 años en Walmart en puestos de alto nivel en merchandising, incluyendo EVP para Entretenimiento, Juguetes y Temporales (2020-2022) y SVP para Walmart Home (2017-2020).

El nombramiento tiene como objetivo fortalecer la posición de mercado de Lifetime a través de la experiencia de Evans en estrategias de merchandising y comercio digital. El CEO Rob Kay destacó que la experiencia de Evans con clientes clave como Walmart, Sam's Club y At Home será valiosa para desarrollar iniciativas de crecimiento y mejorar el enfoque basado en datos de la empresa hacia la innovación de productos y las estrategias de entrada al mercado.

라이프타임 브랜드 (LCUT)는 제프리 에반스를 이사회의 독립 이사로 즉시 임명했습니다. 에반스는 최근 At Home의 사장 겸 최고 머천다이징 책임자를 역임하며 소매 및 소비자 리더십 경험을 30년 이상 쌓아왔습니다. 이전에는 월마트에서 16년 동안 선임 머천다이징 직책을 맡았으며, 엔터테인먼트, 장난감 및 시즌 상품 EVP(2020-2022)와 월마트 홈 SVP(2017-2020)를 포함한 경험이 있습니다.

이번 임명은 에반스의 머천다이징 전략 및 디지털 상거래 전문성을 통해 라이프타임의 시장 위치를 강화하려는 목표가 있습니다. CEO 롭 케이(Rob Kay)는 Walmart, Sam's Club 및 At Home과 같은 주요 고객과의 경험이 회사의 데이터 기반 제품 혁신 및 시장 진입 전략 개발에 있어 가치 있을 것이라고 강조했습니다.

Lifetime Brands (LCUT) a nommé Jeffrey Evans en tant que directeur indépendant au sein de son conseil d'administration, avec effet immédiat. Evans apporte trois décennies d'expérience en leadership dans le secteur du retail et des consommateurs, ayant récemment occupé le poste de Président et Directeur Commercial chez At Home. Ses précédents rôles incluent 16 ans chez Walmart dans des postes de direction en merchandising, y compris EVP pour les Divertissements, les Jouets et les Saisonnier (2020-2022) et SVP pour Walmart Home (2017-2020).

Cette nomination vise à renforcer la position de marché de Lifetime grâce à l'expertise d'Evans en stratégies de merchandising et de commerce numérique. Le PDG Rob Kay a souligné que l'expérience d'Evans avec des clients clés comme Walmart, Sam's Club et At Home sera précieuse pour développer des initiatives de croissance et améliorer l'approche basée sur les données de l'entreprise concernant l'innovation des produits et les stratégies de mise sur le marché.

Lifetime Brands (LCUT) hat Jeffrey Evans mit sofortiger Wirkung als unabhängigen Direktor in seinen Vorstand berufen. Evans bringt drei Jahrzehnte Erfahrung in der Führung im Einzelhandel und im Konsumgüterbereich mit, wobei er zuletzt als Präsident und Chief Merchandising Officer von At Home tätig war. Zuvor hatte er 16 Jahre bei Walmart in leitenden Funktionen im Merchandising gearbeitet, darunter EVP für Unterhaltung, Spielzeug und Saisonprodukte (2020-2022) sowie SVP für Walmart Home (2017-2020).

Die Ernennung zielt darauf ab, die Marktposition von Lifetime durch Evans' Fachwissen in Merchandising-Strategien und digitalem Handel zu stärken. CEO Rob Kay hob hervor, dass Evans' Erfahrung mit Schlüsselkunden wie Walmart, Sam's Club und At Home wertvoll sein wird, um Wachstumsinitiativen zu entwickeln und den datengestützten Ansatz des Unternehmens für Produktinnovationen und Markteintrittsstrategien zu verbessern.

Positive
  • Addition of board member with extensive retail experience in key customer accounts (Walmart, Sam's Club)
  • Strategic expertise in digital and omnichannel strategies
  • Potential for improved market share through enhanced merchandising strategies
Negative
  • None.

Veteran Retail Industry Leader Adds Significant Go-to-Market and Merchandising Expertise

GARDEN CITY, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT) (“Lifetime” or the “Company”), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced the appointment of Jeffrey Evans as an independent director to its Board of Directors (the “Board”), effective immediately.

“We are pleased to welcome Jeff to the Lifetime Board as we lay the groundwork for the future,” said Jeffrey Siegel, Chairman of the Board of Lifetime Brands. “Jeff’s leadership and skill at developing pointed merchandising strategies at Lifetime’s mass market and warehouse club direct customers will provide invaluable insight to position the company to gain market share.”

Rob Kay, Lifetime’s Chief Executive Officer, added, “I am thrilled Jeff has joined our board. His successful track record of driving sustainable growth during his tenure with Lifetime customers’ Walmart, Sam’s Club and At Home will be influential in further developing our growth initiatives. At Lifetime, we’ve institutionalized a data driven approach to product innovation and importantly, as measures for our go-to market strategies. At this critical moment of ubiquitous online commerce, Jeff’s history of establishing digital and omnichannel strategies with precision will guide and deepen our recent initiatives. With the additive counsel from Jeff, we are well positioned to continue our progression to a modernized Lifetime.”

“Lifetime is a leader in the consumer durable space with a strong portfolio of recognized brands that inherently provide customers with exceptional value,” said Mr. Evans. “I am excited to join my fellow directors and the collective Lifetime team and lend my expertise with time tested tools and practical steps that will position Lifetime to access additional market share, deliver meaningful growth and further unlock shareholder value.”

Mr. Evans’ experience spans three decades of retail and consumer leadership experience. Most recently, Mr. Evans held the position of President and Chief Merchandising Officer of At Home, a private specialty Home Décor and Seasonal Retailer. Previously, he spent 16 years at Walmart in senior merchandising roles for both Sam’s Club and Walmart. From 2020–2022, he was EVP for Entertainment, Toy’s and Seasonal for both stores and the ecommerce segment. From 2017–2020, Mr. Evans was the SVP for Walmart Home and led an apparel division at Walmart US from 2012–2017. He began his career in 1990 with Filene’s department stores, a division of May department stores. Additionally, in 2022, Mr. Evans founded Biddeford Advisors LLC. He currently serves on the advisory board of Wholescale, a private customer engagement technology company.

About Lifetime Brands, Inc.

Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware®, KitchenAid®, Sabatier®, Amco Houseworks®, Chef’n® Chicago™ Metallic, Copco®, Fred® & Friends, Houdini™, KitchenCraft®, Kamenstein®, La Cafetière®, MasterClass®, Misto®, Swing-A-Way®, Taylor® Kitchen, Rabbit®, and Dolly® ; respected tableware and giftware brands, including Mikasa®, Pfaltzgraff®, Fitz and Floyd®, Empire Silver™, Gorham®, International® Silver, Towle® Silversmiths, Wallace®, Wilton Armetale®, V&A®, Royal Botanic Gardens Kew®, Year & Day®, Dolly®, Royal Leerdam®, and ONIS®; and valued home solutions brands, including BUILT NY®, S’well®, Taylor® Bath, Taylor® Kitchen, Taylor® Weather, Planet Box®, and Dolly®. The Company also provides exclusive private label products to leading retailers worldwide.

The Company’s corporate website is www.lifetimebrands.com.

Contacts:

Lifetime Brands, Inc.

Laurence Winoker, Chief Financial Officer
516-203-3590
investor.relations@lifetimebrands.com

or

MZ North America

Shannon Devine / Rory Rumore
Main: 203-741-8811
LCUT@mzgroup.us


FAQ

Who is the new board member appointed to Lifetime Brands (LCUT)?

Jeffrey Evans has been appointed as an independent director to Lifetime Brands' Board of Directors, effective immediately in January 2024.

What is Jeffrey Evans' experience before joining LCUT's board?

Evans has three decades of retail experience, most recently as President and Chief Merchandising Officer at At Home, and 16 years at Walmart in senior merchandising roles, including EVP for Entertainment, Toys, and Seasonal (2020-2022).

How will Jeffrey Evans' appointment benefit LCUT's growth strategy?

Evans' expertise in merchandising strategies and experience with major retailers like Walmart and Sam's Club is expected to help LCUT gain market share and enhance its digital and omnichannel initiatives.

What are the key areas where Jeffrey Evans will contribute to LCUT?

Evans will contribute his expertise in merchandising strategies, digital commerce, and go-to-market approaches, leveraging his experience with mass market and warehouse club retailers.

Lifetime Brands, Inc.

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