Lifetime Brands, Inc. Announces Results of 2025 Annual Meeting
Rhea-AI Summary
Positive
- Quarterly dividend of $0.0425 per share maintained, showing commitment to shareholder returns
- Stockholders approved 2024 executive compensation package
- Strong brand portfolio including well-known names like KitchenAid, Farberware, and Mikasa
Negative
- None.
News Market Reaction – LCUT
In the trading session that priced this news, LCUT declined 3.17%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Declares Dividend to be Paid August 15, 2025
GARDEN CITY, N.Y., June 20, 2025 (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 2025 Annual Meeting of Stockholders held Wednesday, June 18, 2025.
The stockholders elected the following directors to serve until the next Annual Meeting of Stockholders:
| Jeffrey Siegel | Chairman of the Board | |
| Robert B. Kay | Chief Executive Officer, Lifetime Brands, Inc. | |
| Jeffrey H. Evans | Former Executive Vice President, Entertainment, Toys, and Seasonal, Walmart U.S. | |
| Rachael A. Jarosh | Former President and Chief Executive Officer, Enactus | |
| 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 | Senior 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, 2025.
On a non-binding advisory basis, stockholders approved the 2024 compensation of the Company’s named executive officers.
Separately, on Wednesday, June 18, 2025, 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, 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
Main: 203-741-8811
LCUT@mzgroup.us
