Lifetime Brands, Inc. (ticker: LCUT, exchange: NASDAQ Global Market (.O))
News Release -
Lifetime Hoan Elects Cherrie Nanninga to Board of Directors; Appointment Increases Number of Independent Directors
WESTBURY, N.Y.--(BUSINESS WIRE)--Aug. 13, 2003--Lifetime Hoan
Corporation (Nasdaq NM: LCUT), a leading marketer of housewares, today
announced the election of Cherrie Nanninga to its Board of Directors.
Ms. Nanninga is Chief Operating Officer of the New York Tri-State
Region for CB Richard Ellis, Inc., one of the world's leading
commercial real estate firms.
Prior to joining CB Richard Ellis in 2002, Ms. Nanninga served as
Deputy Chief Financial Officer and Director of Real Estate for the
Port Authority of New York and New Jersey. During her 23-year career
with the Port Authority, she oversaw the leasing and marketing of the
agency's commercial real estate portfolio, which generated lease
revenue of more than $450 million annually. Among her accomplishments
was the successful repositioning of the World Trade Center Mall, which
became the third-highest grossing shopping center in the country.
Earlier in her career, Ms. Nanninga spent three years at Philip
Morris, where she was involved in corporate planning.
Ms. Nanninga is a director of The Alliance for Downtown New York,
The Lower Manhattan Cultural Council, New York Women Executives in
Real Estate and The Real Estate Board of New York. She is a member of
the Steering Committee of the Association for a Better New York and a
member of the Advisory Council for the Stanford Business School. She
has an MBA from Stanford University and a BA from California State
University at Hayward.
Jeffrey Siegel, Lifetime Hoan's Chairman and Chief Executive
Officer, commented, "We are delighted to have Cherrie join our Board
of Directors. Cherrie, who will be a member of Lifetime Hoan's Audit
Committee, has had a distinguished career and brings an extensive
financial background to the Board. We look forward to the added
perspective Cherrie will provide going forward."
Lifetime Hoan Corporation is a leading designer, marketer and
distributor of household cutlery, kitchenware, cutting boards,
pantryware and bakeware, marketing its products under various trade
names including Farberware(R) and Hoffritz(R). Through the use of
various brand names, Lifetime Hoan's products are distributed through
almost every major retailer in the U.S.
CONTACT: Lifetime Hoan
Robert McNally, 516-683-6000
Lippert/Heilshorn & Associates
Harriet Fried, 212-838-3777
SOURCE: Lifetime Hoan Corporation