Spectrum CFO stepping down

Freeman Staff

April 30, 2014

MIDDLETON – Spectrum Brands Holdings Inc. on Wednesday said that Tony Genito, the chief financial officer of the Middleton-based company, is planning to leave the company.

Spectrum Brands, the maker of Rayovac batteries, as well as Black & Decker, George Foreman and Remington consumer product brands, will begin a search for Genito's replacement, which will consider internal and outside candidates, according to the company.

Genito, who is leaving the company to return with his family to the Southeast, will remain in his role until the end of the year, the company said.

“Given how well our company has been performing since then, the bright outlook it continues to enjoy, and the deep and experienced leadership team we have in place, I truly believe I have accomplished my work and the time is now right for my family and me to return to the Southeast to carry out our personal and professional plans,” Genito said.

"Tony's innumerable contributions as CFO for more than seven years are significant, valuable and lasting," Dave Lumley, president and chief executive of Spectrum.