Lifetime Brands, Inc. Announces Results of 2021 Annual Meeting
Lifetime Brands, Inc. (NASDAQ: LCUT) held its 2021 Annual Meeting of Stockholders on June 24, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Lifetime Brands, Inc. (NASDAQ: LCUT) held its 2021 Annual Meeting of Stockholders on June 24, 2021. Directors were elected to serve until the next meeting, including Jeffrey Siegel and Robert B. Kay. Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for 2021 and approved the executive compensation on an advisory basis. A quarterly cash dividend of $0.0425 per share was declared, payable on August 16, 2021, to stockholders of record by August 2, 2021.
Positive
- Quarterly cash dividend of $0.0425 per share declared.
- Directors elected to enhance governance and strategic oversight.
Negative
- None.
Details
News Market Reaction – LCUT
The recorded move for LCUT in the trading session of this news was -4.24%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Declares Dividend to be Paid August 16, 2021
GARDEN CITY, N.Y., June 25, 2021 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NASDAQ: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the results of the votes taken at the Company’s 2021 Annual Meeting of Stockholders held Thursday, June 24, 2021.
Stockholders elected the following directors to serve until the next Annual Meeting of Stockholders:
| Jeffrey Siegel | Executive Chairman, Lifetime Brands, Inc. | |
| Robert B. Kay | Chief Executive Officer, Lifetime Brands, Inc. | |
| Rachael A. Jarosh | President and Chief Executive Officer, Enactus | |
| John Koegel | Principal, Jo-Tan, LLC | |
| Cherrie Nanninga | Partner, Real Estate Solutions Group, LLC | |
| Craig Phillips | Retired Senior Vice President — Distribution, Lifetime Brands, Inc. | |
| Veronique Gabai-Pinsky | Former Global President, Vera Wang Group, LLC | |
| Bruce G. Pollack | Managing Partner, Centre Partners Management, LLC | |
| Michael J. Regan | Retired Certified Public Accountant | |
| Michael Schnabel | Partner, Centre Partners Management, LLC |
In addition, stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2021.
On an advisory (non-binding) basis, stockholders approved the compensation of the Company’s named executive officers.
On Thursday, June 24, 2021, Lifetime’s Board of Directors declared a quarterly cash dividend of
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, and Rabbit®; 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® and Year & Day®; and valued home solutions brands, including BUILT NY®, Taylor® Bath, Taylor® Kitchen, Taylor® Weather and Planet Box®. 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
Joele Frank, Wilkinson Brimmer Katcher
Ed Trissel / Andrew Squire / Rose Temple
212-355-4449
FAQ
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