OneCare Names New Executive Chairman
Dec 19, 2011
Press Release
Atlanta, Georgia – The oneCARE Company today named Robert B. Kay as the Company’s Executive Chairman. The newly formed executive team will include Thomas Penner, President; David Stover, Chief Financial Officer; and Tim Simmone, Chief Operations Officer.
Mr. Kay will assume the role of Chairman effective December 12, 2011. Mr. Kay most recently served as Executive Chairman of Kaz, Inc. until its acquisition by Helen of Troy Ltd. in January 2011. At Kaz, Mr. Kay was instrumental in building a strong and experienced management team and driving substantial growth in revenue and profitability.
Commenting on Mr. Kay’s appointment, Carter Balfour, Partner of Norwest Mezzanine Partners said, “NMP is very excited to be able to bring Rob Kay to oneCARE. Rob’s skill set and experience will be a tremendous asset to oneCARE, and he provides the leadership to build a strong company in the consumer home care market.”
“It is truly exciting to launch the company into a new phase of growth and operational excellence,” said Mr. Penner. “Rob has a great track record of setting clear strategies and building teams for other mid-tier companies in consumer packaged goods. It is a privilege to welcome his leadership to the company and joining with him to lead oneCARE into the future.”
Rob has a diverse background in management, finance and consulting. Before Kaz, he successfully led management teams at numerous companies such as Key Components, Tiffen Manufacturing and Deloitte & Touche. He serves on the boards of several private companies and organizations. Rob received a B.S. in Industrial Relations from Cornell University and a Master's Degree in International Finance from Columbia University.
oneCARE was founded in 2007. Its portfolio includes leading brands and over 500 products for the laundry, pet, lint and cleaning categories. oneCARE is an industry leader in licensing and innovation for consumer packaged goods. Flagship brands include Evercare and Dryel. oneCARE’s vision is to provide innovative solutions and superior service for healthy homes. The company is headquartered in Alpharetta, Ga
Norwest Mezzanine Partners (NMP) is a leading investor providing junior capital to middle market companies. Offering flexible transaction structures and a broad investment charter, NMP invests in a variety of industry sectors. With $1.35 billion in capital under management, NMP is currently investing NMP III, a $750 million fund. For more information, please visit nmp.com.
