Johnson, P&G legal officer, to retire in June
CINCINNATI Procter & Gamble has announced that James Johnson, chief legal officer, will retire on June 1.
Succeeding Johnson is Steven Jemison, currently deputy general counsel.
“Jim’s service and dedication to our business has been outstanding. He is broadly respected for the clarity of his advice and counsel, which has enabled the company to operate to the highest possible standards,” stated A.G. Lafley, P&G chairman and chief executive officer. “Steve is an exceptional lawyer and leader who will continue to provide high levels of counsel and service in his new role.”
In addition, John Goodwin, currently vice president of finance and accounting of global health and well being, has been named president of global snacks and pet care, effective immediately.
Study finds more than 170 million U.S. consumers use beauty products
PORT WASHINGTON , N.Y. According to a recently released report by The NPD Group, a provider of consumer and retail information, more than 170 million consumers use beauty products in the United States.
In 2007, 3-out-of-4 men aged 18 to 64 said they wear fragrance. Their top priority when wearing a fragrance: That a woman or significant other likes it, according to The NPD Group.
Meanwhile, 9-out-of-10 women aged 18 and older report that they use skin care, make up or fragrance.
When it comes to skin care, nearly half (42 percent) of women skin care users aged 18 and older said they look for products that are made from natural/organic ingredients. And 77 percent of women skin care users aged 18 and older said they don’t mind paying more for a skin care product “that really works.”
In the makeup segment, growth in 2007 came from such staple products as mascara and foundation, according to The NPD Group, and mineral make up sales have increased more than 30 times since 2003.
The No. 1 reason she buys a fragrance for herself: It’s an “overall great fragrance.”
Woodridge Labs adds ProVita-K Complex, trims SKUs
LOS ANGELES Woodridge Labs has revamped its Vita-K Solution skin care formulas to include the exclusive ProVita-K Complex and has trimmed the number of SKUs to address five key problem areas, including age spots and dark circles.
The Vita-K Solution now features an exclusive ProVita-K Complex that combines the benefits of vitamin K with an amino acid/polypeptide complex. The complex promises to improve the appearance of tone and elasticity, and to reduce the appearance of problem skin conditions with the first application.
The revamped line now includes formulas to treat age spots, dark circles, blotchy skin, acne scars and spider veins.
The products have a suggested retail price of $14.99 each.