Spectrum Brands is a diversified company established in 2005 as the successor company to Rayovac Corporation. Rayovac had been located in Wisconsin since its conception as The French Battery Company in 1906, but then in 2004, as Spectrum Brands, located its Corporate headquarters just north of Atlanta. Rayovac, as a division of Spectrum Brands, remained headquartered in Madison, WI, along with Remington even while the parent company, Spectrum Brands, was headquartered in Georgia. On April 15, 2010 Spectrum Brands announced that it would be moving Corporate Headquarters back to Madison, WI.
The company manufactures and markets batteries under the Rayovac and Varta brand names, electric personal care appliances under the Remington brand name, lawn and garden care products under the Spectracide and Garden Safe brand names, insect repellents under the Cutter and Repel brand names.[2] Spectrum owns several pet care companies both in the aquarium supply and companion animal trades. In the aquarium business, Spectrum owns Tetra, Whisper, Marineland, Perfecto, Jungle, Instant Ocean, Visi-Therm, and other product lines. Companion animal lines consist of Dingo, Lazy Pet, Wonderbox, and others. Both aquarium lines and companion lines are concentrated into Spectrum's United Pet Group based in Cincinnati, Ohio. On February 9, 2010, Spectrum Brands announced its intention to acquire Russell Hobbs', which manufacturers small household appliances, into Spectrum's operating structure to form a new $3 billion consumer products company. Russell Hobbs' brands include George Foreman Grill, Toastmaster, Black & Decker Home appliances, and others.
Dear Spectrum Brands Directors, Officers and Employees:
The good name and reputation of Spectrum Brands Holdings, Inc. and Spectrum Brands, Inc. (together, “Spectrum Brands” or the “Company”) are a result of the dedication and hard work of our employees. Together, we are responsible for preserving and enhancing this reputation, a task that is fundamental to our continued success. Our goal is not just to comply with the laws and regulations that apply to our business; we also strive to abide by the highest principles of business ethics.
We set forth in the succeeding pages the Spectrum Brands Code of Business Conduct and Ethics (the “Code”), which has been approved by the Company’s Board of Directors. The purpose of the Code is to reinforce and enhance the Company’s commitment to an ethical way of doing business. The contents of the Code are not new, however, the policies set forth herein are part of the Company’s long-standing tradition of high ethical standards. The Code provides each employee and member of the Board of Directors, as well as each Spectrum Brands subsidiary and affiliated company, with guidance and perspective in understanding business ethics at Spectrum Brands.
All directors, officers and employees are expected to comply with the policies set forth in this Code. Read the Code carefully and make sure that you understand it, the consequences of non-compliance, and the Code’s importance to the success of the Company. If you have any questions, speak to your supervisor, our General Counsel or any of the other resources identified in this booklet. The Code cannot and is not intended to cover every applicable law or provide answers to all questions that might arise; for that we must ultimately rely on each person’s good sense of what is right, including a sense of when it is proper to seek guidance from others on the appropriate course of conduct.
We at Spectrum Brands are committed to providing excellent value and service to our customers. Adherence to the policies set forth in the Code will help us achieve this goal.
The purposes of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Spectrum Brands Holdings, Inc. (the “Corporation”) shall be (i) to oversee the Corporation’s compensation and employee benefit plans and practices, including its executive compensation plans, and its incentive-compensation and equity-based plans; (ii) to review and discuss with management the Corporation’s compensation discussion and analysis (“CD&A”) to be included in the Corporation’s annual proxy statement or annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”); and (iii) to prepare the Compensation Committee Report as required by the rules of the SEC.
About Spectrum Brands Inc.
Spectrum Brands (formerly Rayovac Corporation) is a global consumer products company and a leading supplier of batteries, lawn and garden care products, specialty pet supplies, shaving and grooming products, household insecticides, personal care products and portable lighting. Through a diverse and growing portfolio of world-class brands, Spectrum Brands holds leading market positions in a number of major product categories. Spectrum Brands' products are sold by the world's top 25 retailers and are available in more than one million stores in 120 countries around the world. Our people drive our success. And we provide our employees the tools to thrive both personally and professionally, from ongoing training to unparalleled growth opportunities. Become a part of our vibrant culture and develop an incomparable breadth of experience as well as a dynamic and vital career.
Spectrum Brands, Inc. offers an inclusive, progressive and competitive benefits program. Our program is designed to promote the sought-after working environment our employees can succeed in.
Medical and dental insurance
Life insurance
401(K) retirement savings plan
Paid vacation and holidays
Short and long term disability plans
Tuition reimbursement program
Business casual dress code
Flexible spending account
Employee Assistance Program (EAP)
The company manufactures and markets batteries under the Rayovac and Varta brand names, electric personal care appliances under the Remington brand name, lawn and garden care products under the Spectracide and Garden Safe brand names, insect repellents under the Cutter and Repel brand names.[2] Spectrum owns several pet care companies both in the aquarium supply and companion animal trades. In the aquarium business, Spectrum owns Tetra, Whisper, Marineland, Perfecto, Jungle, Instant Ocean, Visi-Therm, and other product lines. Companion animal lines consist of Dingo, Lazy Pet, Wonderbox, and others. Both aquarium lines and companion lines are concentrated into Spectrum's United Pet Group based in Cincinnati, Ohio. On February 9, 2010, Spectrum Brands announced its intention to acquire Russell Hobbs', which manufacturers small household appliances, into Spectrum's operating structure to form a new $3 billion consumer products company. Russell Hobbs' brands include George Foreman Grill, Toastmaster, Black & Decker Home appliances, and others.
Dear Spectrum Brands Directors, Officers and Employees:
The good name and reputation of Spectrum Brands Holdings, Inc. and Spectrum Brands, Inc. (together, “Spectrum Brands” or the “Company”) are a result of the dedication and hard work of our employees. Together, we are responsible for preserving and enhancing this reputation, a task that is fundamental to our continued success. Our goal is not just to comply with the laws and regulations that apply to our business; we also strive to abide by the highest principles of business ethics.
We set forth in the succeeding pages the Spectrum Brands Code of Business Conduct and Ethics (the “Code”), which has been approved by the Company’s Board of Directors. The purpose of the Code is to reinforce and enhance the Company’s commitment to an ethical way of doing business. The contents of the Code are not new, however, the policies set forth herein are part of the Company’s long-standing tradition of high ethical standards. The Code provides each employee and member of the Board of Directors, as well as each Spectrum Brands subsidiary and affiliated company, with guidance and perspective in understanding business ethics at Spectrum Brands.
All directors, officers and employees are expected to comply with the policies set forth in this Code. Read the Code carefully and make sure that you understand it, the consequences of non-compliance, and the Code’s importance to the success of the Company. If you have any questions, speak to your supervisor, our General Counsel or any of the other resources identified in this booklet. The Code cannot and is not intended to cover every applicable law or provide answers to all questions that might arise; for that we must ultimately rely on each person’s good sense of what is right, including a sense of when it is proper to seek guidance from others on the appropriate course of conduct.
We at Spectrum Brands are committed to providing excellent value and service to our customers. Adherence to the policies set forth in the Code will help us achieve this goal.
The purposes of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Spectrum Brands Holdings, Inc. (the “Corporation”) shall be (i) to oversee the Corporation’s compensation and employee benefit plans and practices, including its executive compensation plans, and its incentive-compensation and equity-based plans; (ii) to review and discuss with management the Corporation’s compensation discussion and analysis (“CD&A”) to be included in the Corporation’s annual proxy statement or annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”); and (iii) to prepare the Compensation Committee Report as required by the rules of the SEC.
About Spectrum Brands Inc.
Spectrum Brands (formerly Rayovac Corporation) is a global consumer products company and a leading supplier of batteries, lawn and garden care products, specialty pet supplies, shaving and grooming products, household insecticides, personal care products and portable lighting. Through a diverse and growing portfolio of world-class brands, Spectrum Brands holds leading market positions in a number of major product categories. Spectrum Brands' products are sold by the world's top 25 retailers and are available in more than one million stores in 120 countries around the world. Our people drive our success. And we provide our employees the tools to thrive both personally and professionally, from ongoing training to unparalleled growth opportunities. Become a part of our vibrant culture and develop an incomparable breadth of experience as well as a dynamic and vital career.
Spectrum Brands, Inc. offers an inclusive, progressive and competitive benefits program. Our program is designed to promote the sought-after working environment our employees can succeed in.
Medical and dental insurance
Life insurance
401(K) retirement savings plan
Paid vacation and holidays
Short and long term disability plans
Tuition reimbursement program
Business casual dress code
Flexible spending account
Employee Assistance Program (EAP)
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