AZUSA, Calif. Beauty company Physicians Formula has appointed Jeff Berry as its permanent CFO.
Berry has served as the company's interim CFO since May 29, 2009. He succeeded Joseph Jaeger, the company's prior CFO.
"We are delighted that Jeff has agreed to assume the role of CFO. We believe Jeff's strategic and financial skills, as well as his leadership capabilities, will play a critical role in helping the company achieve its long-term growth and profitability objectives," stated Ingrid Jackel, chairwoman and CEO. "His contribution as interim CFO, and most notably his leadership in our recent successful refinancing which was designed to provide us with more flexibility to invest in our brand, has been invaluable, and I look forward to working with Jeff as we now focus on seeking to capture the large growth potential of our brand."
Before serving as interim CFO of Physicians Formula, Berry had been on the company's board of directors since October 2007 and had served as the chairman of the company's nominating and corporate governance and compensation committees and as a member of the audit committee. He agreed to resign from the board upon accepting the interim CFO position in order to comply with NASDAQ listing requirements.