Helen of Troy Limited announced that its Board of Directors has appointed Julien R. Mininberg as Chief Executive Officer, effective March 1, 2014. Mr. Mininberg, who currently serves as Chief Executive Officer and President of Helen of Troy's Healthcare/Home Environment segment will succeed Gerald J. Rubin who is stepping down as Chief Executive Officer and President of the company and resigning from the Board of Directors, effective immediately, to serve as Chief Executive Officer of River Oaks Properties Ltd. Thomas J. Benson, Senior Vice President and Chief Financial Officer, will serve as Interim Chief Executive Officer until Mr. Mininberg assumes the CEO role. The Board also announced that it has decided to separate the roles of Chairman and Chief Executive Officer.

Effective immediately, the Board has appointed Timothy F. Meeker, an independent director, to succeed Mr. Rubin as Chairman of the Board. The Board intends to nominate Mr. Mininberg as a director to stand for election at the company's 2014 annual meeting.