The holder of 6.9% of Newell Brands has reached an agreement with Newell under which it will appoint four to its board, including Patrick Campbell who will become chairman, and will designate another independent director to be approved by Newell’s board for election at the next annual meeting. In return, the much-feared financier has agreed to support Newell’s nominees for the board for the remaining directors of Newell’s choosing. It was not clear which existing Newell directors will be relinquishing their seats to accommodate the Icahn group. Campbell is the retired CFO of 3M Co. The other three Icahn nominees ... Log in to view full article.