Physicians Formula names Berry CFO
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.
GSK ceases making, distributing zinc-containing denture adhesives
NEW YORK GlaxoSmithKline has issued a consumer advisory warning consumers about a potential health risk associated with long-term, excessive use of its zinc-containing denture adhesives Super Poligrip Original, Ultra Fresh and Extra Care. As a precaution, the manufacturer has voluntarily stopped making, distributing and advertising these products.
According to GSK, it has discussed the situation with the Food and Drug Administration and no further action is required.
Polident denture cleanser tablets contain no zinc and are not affected by the announcement.
Recent reports suggest that excessive intake of zinc-containing denture adhesives over several years may result in neurological symptoms, including numbness, tingling or weakness in the arms and legs, difficulty with walking and balance, and blood problems like anemia. These reports are very rare, given that several million people use the products, GSK stated.
Super Poligrip Original, Ultra Fresh and Extra Care are safe to use as directed in the product label, according to GSK. Most consumers follow the directions but some apply more adhesive than directed and use it more than once a day. As a precaution, GSK has decided to stop making, distributing and advertising the products.
If consumers have been using these products for several years in greater amounts than directed on the package or more than once a day, or have concerns about their health, GSK suggests that they stop using the product, talk with their doctor and use a zinc-free alternative such as Super Poligrip Free, Super Poligrip Comfort Seal Strips or Super Poligrip Powder.
Schick cuts into men’s category with Hydro line
SHELTON, Conn. Energizer has unveiled its newest razor line that promises to revolutionize men’s shaving with first-to-market technologies.
“Innovation is part of our DNA at Energizer,” stated Ward Klein, CEO of Energizer. “With Hydro, we’re introducing a razor system that goes well beyond a simple product upgrade and delivers outstanding performance and skin care.”
The new Schick Hydro, available in three-blade and five-blade versions, is the result of years of testing and consumer collaboration, making it the most thoroughly researched product in the brand’s 87-year history, the company stated.
“Schick Hydro is a technological step for change for the entire razor category,” stated David VerNooy, VP technology for Schick. “From the way the blades are positioned in space, the blade cartridge and the lubrication system, to the handle and trimming blade, we looked at every element of this razor and redesigned it to create a markedly improved shave experience for men.”
Central to the Hydro innovations is the addition of Skin Guards, which are skin protectors that smooth out skin between blades, protecting skin during shaves; an advanced hydrating gel reservoir that delivers moisturizing lubricants to the skin; the advent of a flip trimmer, which allows men to flip back the hydrating gel reservoir for precise edging and shaving in tight areas; and a new ergonomic handle design.
In addition, Schick also is launching its first line of shave gels in the United States under the Hydro banner. The shave gels will be available in moisturizing and sensitive skin varieties.
The new Schick Hydro and shave gels will be available in April and will be “competitively priced.”