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Posted 22 February, 2024

Hamilton Beach Brands Holding Co appointed new CEO

CEO Change detected for ticker NYSE:HBB in a 8-K filed on 22 February, 2024.


  Mr. Tidey will succeed Gregory H. Trepp as President of the Company, effective as of February 19, 2024 (the "Effective Date). Mr. Trepp, who, prior to the Effective Date, served as President and Chief Executive Officer of the Company, will continue to serve as Chief Executive Officer of the Company after the Effective Date.  

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Overview of Hamilton Beach Brands Holding Co
Consumer Goods • Housewares
Hamilton Beach Brands Holding Co. is a holding company, which engages in designing, marketing and distribution of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars and hotels. Its consumer brands include Hamilton Beach, Proctor Silex, Hamilton Beach Professional, Weston field-to-table and farm-to-table food preparation equipment, TrueAir air purifiers, and Brightline sonic rechargeable toothbrushes. The firms licenses the brands for Wolf Gourmet countertop appliances and CHI premium garment care products. Its commercial brands include Hamilton Beach Commercial and Proctor Silex Commercial. The company is founded in 1988 and is headquartered in Glen Allen, VA.
Market Cap
$266M
View Company Details
Hamilton Beach Brands Holding Co by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 19, 2024, the Board of Directors of Hamilton Beach Brands Holding Company (the "Company") appointed R. Scott Tidey as President of the Company. Mr. Tidey will succeed Gregory H. Trepp as President of the Company, effective as of February 19, 2024 (the "Effective Date). Mr. Trepp, who, prior to the Effective Date, served as President and Chief Executive Officer of the Company, will continue to serve as Chief Executive Officer of the Company after the Effective Date. 


Mr. Tidey, age 59, most recently served as the Senior Vice President, Global Sales of the Company's wholly owned subsidiary Hamilton Beach Brands, Inc. ("HBB"), from January 2023 to the Effective Date. Mr. Tidey previously served as Senior Vice President, Consumer Sales & Marketing of HBB from March 2021 to January 2023, and as Senior Vice President, North America Sales and Marketing of HBB from prior to 2019 to March 2021.


There were no changes to Mr. Tidey's current compensatory arrangements with the Company related to his appointment as President.


There are no arrangements or understandings between Mr. Tidey and any other persons pursuant to which he was appointed President. There are no family relationships between Mr. Tidey and any director or executive officer of the Company, and there are no related party transactions between the Company and Mr. Tidey that would require disclosure under Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.


A copy of the Company's press release, dated February 22, 2024, announcing the appointment of Mr. Tidey as President of the Company is attached hereto as Exhibit 99 and is incorporated herein by reference.