Spectrum Brands Holdings, Inc David R. Lumley will retire by the end of 2015

Spectrum Brands Holdings, Inc: announced that president and chief executive officer David R. Lumley will retire by the end of 2015 as part of a planned succession process. Spectrum Brands—with leading household products such as Cutter, Hot Shot and Black Flag—has instituted an active succession program, including commencement of a formal search for Lumley’s replacement that will consider both internal and external candidates. Lumley will enter into a transition services employment agreement extending until the end of the company’s fiscal year on Sept. 30, 2015 for his continued services as CEO and to ensure an orderly and smooth transition to his successor.