Newell Rubbermaid Launches Hunt for New CEO

Newell Rubbermaid’ (NYSE:NWL) chief executive Mark D. Ketchum will retire later this year, prompting a search by the consumer products company for his replacement. The Atlanta-based company, which operates under brands such as Dymo, Rubbermaid and Sharpie, said Tuesday it hired an executive recruiting firm to conduct an outside search and assist with the assessment of internal candidates. Ketchum, 61, will remain on the company’s board of directors through the spring of 2012 to help ensure a smooth transition. “Although our board of directors and associates would have loved Mark