Neal I. Goldman has retired from the Blyth board of directors. As a result, the company elected Jim Williams, president, chief executive officer and managing partner of Karlen Williams Graybill Advertising, Inc. to its board. The election is effective immediately.
Mr. Goldman, age 69, who is a member of the compensation and the nominating and corporate governance committees, has been a director since 1991. He is the president of Goldman Capital Management, Inc., an investment advisory firm.
Robert B. Goergen Jr., Blyth's chief executive officer, commented "Neal has been an outstanding director for over two decades and his knowledge of the financial markets has been instrumental in shaping our thinking. I would like to thank Neal for his dedicated service over the years."
"We are delighted to welcome Jim to the board," Mr. Goergen continued. "Jim brings leadership, strategy and a strong knowledge of marketing, social media and global consumer insight. I look forward to the new perspective that Jim brings to the company."
Williams will serve on the Audit Committee. He has been president, chief executive officer and managing partner of Karlen Williams Graybill Advertising, Inc. ("KWG") since 1998. In 1993, he bought an equity stake in Karlen Advertising and since taking ownership, has grown KWG into one of the country's largest independent, full-service marketing consultancies.