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Acco Brands

#7748

Rank

$365.05M

Marketcap

US United States

Country

Acco Brands
Leadership team

Mr. Boris Y. Elisman (Chairman & CEO)

Mr. Thomas W. Tedford (Pres & COO)

Mr. Patrick H. Buchenroth (Exec. VP & Pres of ACCO Brands International)

Products/ Services
Hardware, Insurance, Manufacturing, Mobile, Mobile Apps, Payments
Number of Employees
1,000 - 20,000
Headquarters
Lake Zurich, Illinois, United States
Established
1947
Company Registration
SEC CIK number: 0000712034
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
ACCO
Social Media
Overview
Location
Summary
ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, calendars, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools. It offers its products under the AT-A-GLANCE, Barrilito, Derwent, Esselte, Five Star, Foroni, GBC, Hilroy, Kensington, Leitz, Marbig, Mead, NOBO, PowerA, Quartet, Rapid, Rexel, Swingline, Tilibra, TruSens, and Spirax brand names. The company markets and sells its products through various channels, including mass retailers, e-tailers, discount, drug/grocery, and variety chains; warehouse clubs; hardware and specialty stores; independent office product dealers; office superstores; wholesalers; contract stationers; and technology specialty businesses, as well as sells products directly to commercial and consumer end-users through its e-commerce platform and direct sales organization. ACCO Brands Corporation was founded in 1893 and is headquartered in Lake Zurich, Illinois.
History

In 1903, Fred J. Kline founded the Clipper Manufacturing Company in Long Island, New York. In 1910, the company became the American Clip Company, and first used the name "ACCO" as an initialism, which became the company's formal name in 1922. After many acquisitions, ACCO went public in 1983, and was acquired in 1987 by American Brands .

In 1990, ACCO acquired Hetzel in Germany, a company selling stationery products. In 1992, ACCO UK was created from the integration of ACCO Europe and Rexel Ltd. ACCO UK is the UK's largest manufacturer of office products. In 2005, ACCO was spun off from Fortune Brands and, through the merger with the General Binding Corporation, ACCO Brands was formed.In 2012, ACCO Brands completed a $860 million deal to combine with MeadWestvaco’s Consumer and Office Products business. The transaction added brands like Mead, Five Star, Trapper Keeper, AT-A-GLANCE, Cambridge, Day Runner, Hilroy, Tilibra and Grafons to ACCO Brands' product line.ACCO acquired Esselte Group Holdings in 2017.In March 2020, the company asked for Section 301 tariff relief for their Kensington laptop docking stations, which had 25% tariffs due to Trump's 2018 China–United States trade war. The company's relief application said sales had increased 200% and they were needed for healthcare workers.ACCO acquired video game peripheral manufacturer PowerA in 2020.

Mission
ACCO Brands Corporation is committed to delivering long-term value for our shareholders. The power of our brands, our unmatched global customer reach, and our strategic and market strengths put us in a strong position to achieve this goal.
Vision
Achieve. Create. Collaborate. Organize. Essential Brands. Innovative Products. Smart Investment. Winning Team.
Key Team

Ms. Pamela Rolnick Schneider (Sr. VP, Gen. Counsel & Corp. Sec.)

Richard Nelson (VP of Corp. Communications)

Mr. Cezary L. Monko (Exec. VP & Pres, Europe, Middle East and Africa)

Ms. Deborah A. O'Connor (Exec. VP & CFO)

Mr. James M. Dudek Jr. (Sr. VP, Corp. Controller & Chief Accounting Officer)

Paul P Daniel (Sr. VP & Chief Information Officer)

Ms. Jennifer Rice (VP of Investor Relations)

Recognition and Awards
Acco Brands has won numerous awards for product innovation and corporate excellence, including the 2019 USA Office Product Association Innovation Award, the 2020 McKinsey & Company Customer Experience Award, and the 2021 IBM Supply Chain Challenge Award.
References

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Acco Brands
Leadership team

Mr. Boris Y. Elisman (Chairman & CEO)

Mr. Thomas W. Tedford (Pres & COO)

Mr. Patrick H. Buchenroth (Exec. VP & Pres of ACCO Brands International)

Products/ Services
Hardware, Insurance, Manufacturing, Mobile, Mobile Apps, Payments
Number of Employees
1,000 - 20,000
Headquarters
Lake Zurich, Illinois, United States
Established
1947
Company Registration
SEC CIK number: 0000712034
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
ACCO
Social Media