The board hired a veteran executive of General Electric's appliance division, Roger Schipke, to replace Kazarian. Schipke promptly reorganized Sunbeam's management and relocated the company's headquarters to Fort Lauderdale, Florida. Two acquisitions were made—the consumer products unit of DeVilbiss Health Care was purchased in 1993, and Rubbermaid's outdoor furniture business was purchased in 1994. Earnings increased about 20 percent in 1994. The company formally changed its name from Sunbeam-Oster back to Sunbeam in 1995. But in 1995 Sunbeam's performance turned down; the stock price fell from about $26 in October 1994 to around $15 by October 1995. New products, investments made to improve production efficiency, and entry into Asian markets failed to turn things around. Sunbeam's two largest shareholders, Michael Price (whose mutual funds owned 21 percent of Sunbeam's stock at the time) and Michael Steinhard (whose mutual funds also owned 21 percent), tried to find a buyer for the company in late 1995, but no offers materialized.