Lifetime Brands Elects David E. R. Dangoor to Board of Directors
GARDEN CITY, N.Y.--(BUSINESS WIRE)--Aug. 1, 2007--Lifetime Brands, Inc. (Nasdaq: LCUT), a leading designer, developer and marketer of nationally branded consumer products used in the home, today announced the election of David E. R. Dangoor to its Board of Directors. Mr. Dangoor is President of Innoventive Partners LLC, which provides consulting services in the fields of strategic planning, marketing and public relations. He is also Chairman of the Board of Directors of BioGaia AB, a publicly listed Swedish bio-tech company.
Mr. Dangoor retired from Altria Group, Inc. in 2002 after holding senior executive positions for more than 27 years. Most recently, he served as Executive Vice President of Philip Morris International, with responsibility for global marketing and corporate affairs, finance, strategic planning and human resources. Prior positions at the company included Senior Vice President, Marketing USA; Area Director Northern Europe, Seven Up; and Head of Marketing, Philip Morris Germany.
Jeffrey Siegel, Lifetime's Chairman, President and Chief Executive Officer, commented, "We are delighted to welcome David to our Board. The marketing expertise he has accumulated over his long and distinguished career is unparalleled and will be particularly valuable to Lifetime Brands. His impressive international branding experience will also bring a unique perspective to our Board."
Mr. Dangoor is also a member of the Board of Directors of ICP Solar Technologies, Inc., the Advisory Board of the Denihan Hospitality Group, the Board of Directors of the New York City Ballet, the Board of Governors of the Berlin School of Creative Leadership, the Board of the Swedish-American Chamber of Commerce and the Board of Trustees of the American Scandinavian Foundation.
Lifetime Brands also announced that, due to an increase in her professional commitments, Fiona P. Dias has resigned as a director, effective September 30, 2007. Mr. Siegel added, "We would like to express our appreciation for Fiona's many contributions. It has been a pleasure working with her."
About Lifetime Brands, Inc.
Lifetime Brands is North America's leading designer, developer and marketer of kitchenware, cutlery & cutting boards, bakeware & cookware, pantryware & spices, tabletop, home decor, picture frames and bath accessories. The Company markets its products under some of the country's best known brands, including KitchenAid(R), Farberware(R), Pfaltzgraff(R), Cuisinart(R), Block(R) China and Crystal, Calvin Klein(R), CasaModa(R), Cuisine de France(R), Gorham(R), Hoffritz(R), International(R) Silver, Joseph Abboud(TM), Kamenstein(R), Kirk Stieff(R), Lisa Jenks(R), Melannco(R), Nautica(R), Pedrini(R), Roshco(R), Sabatier(R), Sasaki(R), Towle(R) Silversmiths, Tuttle(R), Wallace(R), :USE(R) and Vasconia(R). Lifetime's products are distributed through almost every major retailer in the United States.
CONTACT: Lifetime Brands, Inc.
Christian G. Kasper, Senior Vice President, 617-568-8148
chris.kasper@lifetimebrands.com
Or
Investor Relations:
Lippert/Heilshorn & Associates, Inc.
Harriet Fried, 212-838-3777
hfried@lhai.com
SOURCE: Lifetime Brands, Inc.