AZUSA, Calif. Physicians Formula board member Sonya Brown will resign from the board of directors on April 24, according to a filing with the Securities and Exchange Commission.
Brown's decision is not the result of any disagreement with the company or any matter relating to the company's operation, policies or practices, the filing stated. The nominating and corporate governance committee is proceeding with plans to recruit a successor to Brown.
In separate company news, the beauty company has postponed its fourth quarter and fiscal year 2008 earnings release and conference call originally scheduled for March 9. The company stated that it postponed its earnings release and conference call in order to complete remaining items in connection with its completion of its year-end financial reporting process.
The company will announce a new date and time for the release, which is expected by the end of March.