Leslie Campbell
Spectrum Brands HoldingsAbout Leslie L. Campbell
Leslie L. Campbell is an independent director of Spectrum Brands Holdings (SPB) appointed in April 2021; age 65, with an engineering degree from the University of Florida, and a career spanning product development, engineering leadership, and operations across consumer products, aerospace, and energy sectors . He serves on the Audit Committee and has been affirmatively determined independent under NYSE rules; all Audit Committee members, including Mr. Campbell, are designated “audit committee financial experts” by the Board .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Campbell & Associates LLC | Owner & Chief Executive Officer | 2015–present | Product development and engineering leadership |
| AAMP Global | Executive Vice President | 2013–2015 | Led engineering, R&D, new product development, operations |
| Applica Consumer Products | Senior roles → VP Engineering Quality & Regulatory | 2002–2013 | Oversaw design/development of new and existing product lines |
| B/E Aerospace | Chief Engineer | 1999–2002 | Led design/development of galley products for commercial airlines |
| Baker Hughes | Senior Research Engineer | 1995–1999 | Engineering research roles |
| NASA – Johnson Space Center | Senior Engineer | 1990–1995 | Engineering roles at JSC |
| General Electric – Aerospace Division | Senior Engineer | 1989–1990 | Engineering roles |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Campbell & Associates LLC | Owner & CEO | 2015–present | Private company |
- No other public company directorships disclosed for Mr. Campbell in SPB’s proxy .
Board Governance
- Committee assignments: Audit Committee member; committee composed entirely of independent directors; all members (including Mr. Campbell) qualify as “audit committee financial experts” under SEC rules .
- Independence: Board determined Mr. Campbell is independent under NYSE Section 303A.02 .
- Attendance: In Fiscal 2024, directors attended 100% of Board and committee meetings; Board met 4x, Audit Committee 4x, Compensation 6x, NCG 5x .
- Executive sessions: Company generally holds executive sessions at each Board and committee meeting; Lead Independent Director presides for the Board .
- Tenure and composition context: Board size seven (six independent) with Mr. Campbell appointed April 12, 2021; appointments of Campbell and Chow were made in response to shareholder feedback .
Fixed Compensation
Program structure (directors):
- Annual cash retainer: $105,000; annual RSU grant: $125,000; Lead Independent Director receives an additional $40,000 cash and $20,000 equity retainer; committee chair retainers: Audit $20,000; Compensation $15,000; NCG $15,000. Directors may elect to receive cash retainers in stock; FY2024 RSUs were granted Nov 24, 2023 and vested Oct 1, 2024 .
- In FY2024, directors who elected stock for the cash retainer received RSUs; Mr. Campbell received 1,586 RSUs for the cash retainer and 1,887 RSUs for the annual equity grant (both vested Oct 1, 2024) .
Director compensation (Mr. Campbell)
| Metric | FY2023 | FY2024 |
|---|---|---|
| Fees Earned or Paid in Cash ($) | $0 | $105,041 |
| Stock Awards ($) | $229,976 | $124,976 |
| All Other Compensation ($) | $1,925 | $5,819 |
| Total ($) | $231,901 | $235,836 |
FY2024 director RSU detail (Mr. Campbell)
| RSU Component | Count (#) |
|---|---|
| RSUs for cash retainer | 1,586 |
| Annual RSU grant | 1,887 |
Performance Compensation
- No performance-conditioned compensation is disclosed for non-employee directors; director equity consists of time-based RSUs only (no options/PSUs; company has not been using options) .
- Governance safeguards applicable to equity compensation include robust clawback policy and stock ownership/retention guidelines (see below) .
Other Directorships & Interlocks
- Other public company boards for Mr. Campbell: None disclosed .
- Compensation Committee interlocks: None disclosed; during FY2024, no interlocks involving SPB executive officers and other issuers’ compensation committees were reported .
Expertise & Qualifications
- Technical and operating expertise: Product development, engineering leadership, quality/regulatory oversight (consumer products, aerospace, energy) .
- Financial oversight: Audit Committee financial expert designation .
- Education: Undergraduate degree in engineering, University of Florida .
- Board skills context: SPB highlights a diversified skill mix across the Board, including operations and consumer products experience (skills matrix overview) .
Equity Ownership
| Item | Detail |
|---|---|
| Beneficial ownership (as of June 17, 2025) | 10,386 shares; <1% of outstanding |
| Outstanding unvested RSUs (as of Sept 30, 2024) | 3,473 RSUs |
| Stock ownership guidelines (directors) | 5x annual cash retainer; 5 years to achieve; must retain 50% of net after-tax shares until guideline met |
| Anti-pledging policy | Pledging/encumbering company securities prohibited (legacy pledges grandfathered, no increases) |
| Hedging and trading controls | Anti-hedging policy and preclearance/trading window requirements |
| Section 16 compliance | All required filings timely for FY2024 |
Recent insider transactions (Form 4)
| Filing Date | Transaction Date | Type | Shares | Price ($) | Post-Transaction Holdings | Link |
|---|---|---|---|---|---|---|
| 2024-11-21 | 2024-11-19 | A (Award) | 1,385 | 90.26 | 11,771 | |
| 2023-11-28 | 2023-11-24 | A (Award) | 3,473 | 0.00 | 10,386 |
Governance Assessment
- Strengths: Independent status; Audit Committee financial expert; 100% attendance in FY2024; no related-person transactions; anti-pledging/anti-hedging policies; director stock ownership and retention guidelines; executive sessions at each Board/committee meeting; appointment aligned with shareholder feedback to strengthen Board skill set .
- Alignment and incentives: Director compensation is a balanced cash/equity mix with time-based RSUs; ability to take cash retainer in stock increases alignment (Mr. Campbell received RSUs in lieu of cash in FY2024 per program mechanics) .
- Watch items: Individual compliance with 5x retainer ownership guideline is not disclosed at the director level; beneficial ownership is <1% given SPB’s share count; no open-market purchases evident in recent filings (awards only) .
No red flags identified for related-party dealings, interlocks, or pledging; policies and attendance support board effectiveness and investor confidence .