Newell Rubbermaid names Galli chief executive officer.(Brief Article)

FREEPORT, Ill. -- Joseph Galli, the former Black & Decker executive who most recently held top executive positions with the Internet companies Amazon.com and VerticalNet Inc., has been named president and chief executive officer of Newell Rubbermaid Inc.

The 42-year-old Galli, who will also serve as a member of the suppliers board of directors, succeeds William Sovey. Sovey, who was Newell's chairman and chief executive officer from 1992 to 1997 and took over as the company's top executive in November when chief executive officer John McDonough resigned during a financially weak fourth quarter, will reassume his position as chairman.

Analysts say Newell …