Lifetime Brands, Inc. Announces Results of 2025 Annual Meeting

Rhea-AI Summary

Lifetime Brands (NASDAQ: LCUT), a leading global provider of branded kitchenware and tableware, held its 2025 Annual Meeting of Stockholders on June 18, 2025. The company announced the election of ten directors to its board, including Jeffrey Siegel as Chairman and Robert B. Kay as CEO. Stockholders approved the appointment of Ernst & Young LLP as the independent auditor for 2025 and endorsed the 2024 executive compensation package. Additionally, the Board of Directors declared a quarterly cash dividend of $0.0425 per share, payable on August 15, 2025, to stockholders of record as of August 1, 2025. Lifetime Brands manages a diverse portfolio of well-known brands including Farberware, KitchenAid, Mikasa, and Pfaltzgraff, among others, and provides private label products to retailers worldwide.

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.

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 $0.0425 per share payable on August 15, 2025 to stockholders of record at the close of business on August 1, 2025.

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

FAQ

What is the dividend amount and payment date for Lifetime Brands (LCUT) in August 2025?

Lifetime Brands declared a quarterly cash dividend of $0.0425 per share, payable on August 15, 2025, to stockholders of record as of August 1, 2025.

Who was elected as Chairman and CEO of Lifetime Brands (LCUT) in the 2025 Annual Meeting?

Jeffrey Siegel was elected as Chairman of the Board, and Robert B. Kay was elected as Chief Executive Officer of Lifetime Brands.

What major brands are owned by Lifetime Brands (LCUT)?

Lifetime Brands owns numerous well-known brands including Farberware, KitchenAid, Sabatier, Mikasa, Pfaltzgraff, and many others in kitchenware, tableware, and home solutions categories.

Who is the independent auditor for Lifetime Brands (LCUT) in 2025?

Ernst & Young LLP was ratified as Lifetime Brands' independent registered public accounting firm for the year ending December 31, 2025.

How many directors were elected to Lifetime Brands' (LCUT) board in 2025?

Ten directors were elected to serve on Lifetime Brands' board until the next Annual Meeting of Stockholders.