Spectrum Brands CEO and leadership

David Maura has served as a Managing Director and Executive Vice President of Investments of HRG Group effective as of October 2011, as a director of HRG Group since May 2011. Mr. Maura has also served as the Chairman of Spectrum Brands Holdings, Inc., a subsidiary of HRG Group, since July 2011, and as the interim Chairman of the board of directors of Spectrum Brands Holdings, Inc. and as one of its directors since June 2010. Prior to becoming Managing Director and Executive Vice President of Investments at HRG Group, Mr. Maura was a Vice President and Director of Investments of Harbinger Capital Partners LLC (“Harbinger Capital”), an affiliate of HRG Group. Prior to joining Harbinger Capital in 2006, Mr. Maura was a Managing Director and Senior Research Analyst at First Albany Capital, where he focused on distressed debt and special situations, primarily in the consumer products and retail sectors. Prior to First Albany, Mr. Maura was a Director and Senior High Yield Research Analyst in Global High Yield Research at Merrill Lynch & Co. Mr. Maura was a Vice President and Senior Analyst in the High Yield Group at Wachovia Securities, where he covered various consumer product, service and retail companies. Mr. Maura began his career at ZPR Investment Management as a Financial Analyst. During the past five years, Mr. Maura has served on the board of directors of Russell Hobbs (formerly Salton, Inc.), Applica Incorporated, and Ferrous Resources Ltd. Mr. Maura received a B.S. in Business Administration from Stetson University and is a CFA charterholder.

Jeremy W. Smeltser was appointed our Executive Vice President on October 1, 2019 and was appointed our Chief Financial Officer on November 17, 2019. He previously served as Vice President and Chief Financial Officer of SPX Flow, Inc. (“SPX Flow”). Prior to his role at SPX Flow, he served as Vice President and Chief Financial Officer of SPX Corporation, where he served in various roles, including as Vice President and Chief Financial Officer, Flow Technology, and became an officer of SPX Corporation in April 2009. Mr. Smeltser joined SPX Corporation in 2002 from Ernst & Young LLP, where he was an audit manager in Tampa, Florida. Prior to that, he held various positions with Arthur Andersen LLP, in Tampa, Florida, and Chicago, Illinois, focused primarily on assurance services for global manufacturing clients. Mr. Smeltser earned a Bachelor of Science degree in Accounting from Northern Illinois University.

Strategic Senior Financial and Business Leader accomplished at creating shareholder value, scaling companies for growth, relentlessly focusing on efficiency and process improvements, improving working capital and forecasting, and driving change to deliver results. Broad-based, progressive experience within private equity backed, venture capital backed and publicly traded organizations, ranging in size from small to global, multi-billion dollar enterprises.

Creating Shareholder Value

⏩ Increased stock price 15X, to $30 from $2 per share, through active portfolio management including 2 acquisitions, 6 dispositions, 3 long-term license agreements, organic growth and efficiency initiatives.

⏩ $75 million reduction in working capital via process changes across inventory, receivables and payables.

Scaling Companies for Growth

⏩ With revenue growing 6,000X, to $300 million from $50,000 in 5-years, the finance organization was successfully scaled supporting $750 million in financing and total employment growth to over 1,400 employees.

⏩ Led teams through 8 acquisitions, 7 divestitures, 2 carveout transactions and restructurings.

Process Improvements

⏩ Led the implementation of a 95%+ accurate store level forecasting tool resulting in the ability to improve labor planning, provide insights to disruptive competitor actions and identify underperforming stores to drive improved store profitability.

⏩ Drove a 50% reduction in the close cycle, to 5 from 10 business days, accelerating information to stakeholders.

Leadership | Shareholder Value | Change Management | Relationship Building | Process Improvement

Strategic Planning and Development | Financial Planning and Analysis | Coaching| Financial Modeling

Cross-functional Team Leadership | Investor Relations | Working Capital | Banking Relationships

Mergers & Acquisitions | Shared Services | Restructuring | Portfolio Management | Divestitures

Treasury Management | Debt Financing | Equity Financing | Debt Covenants | Communication

Profitability | Due Diligence | Board Relationships | Risk Management | Global | Cost Accounting

Financial Reporting | US GAAP - IFRS | SEC Reporting | Auditing | Internal Controls |Finance

Oracle | SAP | Tax | Payroll | SOX - Sarbanes-Oxley

Retail | Wholesale | Manufacturing | Telecommunications | Consumer Products | Big 4 Public Accounting

David Maura has served as a Managing Director and Executive Vice President of Investments of HRG Group effective as of October 2011, as a director of HRG Group since May 2011. Mr. Maura has also served as the Chairman of Spectrum Brands Holdings, Inc., a subsidiary of HRG Group, since July 2011, and as the interim Chairman of the board of directors of Spectrum Brands Holdings, Inc. and as one of its directors since June 2010. Prior to becoming Managing Director and Executive Vice President of Investments at HRG Group, Mr. Maura was a Vice President and Director of Investments of Harbinger Capital Partners LLC (“Harbinger Capital”), an affiliate of HRG Group. Prior to joining Harbinger Capital in 2006, Mr. Maura was a Managing Director and Senior Research Analyst at First Albany Capital, where he focused on distressed debt and special situations, primarily in the consumer products and retail sectors. Prior to First Albany, Mr. Maura was a Director and Senior High Yield Research Analyst in Global High Yield Research at Merrill Lynch & Co. Mr. Maura was a Vice President and Senior Analyst in the High Yield Group at Wachovia Securities, where he covered various consumer product, service and retail companies. Mr. Maura began his career at ZPR Investment Management as a Financial Analyst. During the past five years, Mr. Maura has served on the board of directors of Russell Hobbs (formerly Salton, Inc.), Applica Incorporated, and Ferrous Resources Ltd. Mr. Maura received a B.S. in Business Administration from Stetson University and is a CFA charterholder.