Zeno Corp. expands management team, forms advisory board
HOUSTON Zeno Corp., the maker of OTC blemish-fighting devices, has expanded its management team and formed an advisory board to providing ongoing counsel as it gears up for growth.
Joining Zeno is Andrea DiNunzio as SVP, global marketing. DiNunzio has more than 12 years of beauty marketing experience and most recently served as CEO of Laura Mercier, a line of prestige cosmetics and skin care. Before Laura Mercier, DiNunzio held senior marketing positions at Johnson & Johnson, working on the Neutrogena business, L’Oreal and Avon. DiNunzio will report to Walter Klemp, president and CEO, Zeno.
To help build Zeno’s business internationally, Lee Stranathan, formerly SVP, marketing at Zeno, has been named SVP and president, international business. Stranathan joined Zeno in 2004 and has led international teams during his career at Zeno and elsewhere.
In addition, the company has formed an advisory board to provide ongoing counsel to the company. Board members include Melisse Shaban and Jill Scalamandre, both of Chrysallis. Shaban and Scalamandre each have more than 25 years of experience in the industry, including leadership positions at companies ranging from Revlon to The Body Shop to Prada Beauty to Avon. At Chrysallis, they were instrumental in leading the growth and development of the Frederic Fekkai hair care brand, and its recent sale to Procter & Gamble.
Report: Anti-aging skin care sales soar
CHICAGO Women’s quest for youthful looking skin catapulted anti-aging sales in 2008 to more than $1.6 billion, surpassing — for the first time — facial cleansers, according to recent research by Mintel.
The market for anti-aging skin care has grown rapidly over the past couple of years, per Mintel. U.S. sales rose 13% from 2006 to 2008, outpacing general facial skin care sales, which grew less than 11%. Mintel expects the market to remain robust over the next five years, growing some 20% through 2013.
“Anti-aging won’t fall to the recession,” stated Kat Fay, senior beauty and personal care product analyst at Mintel. “Looking young is extremely important to many women, especially Baby Boomers, and it’s not an issue they’re willing to compromise on because of tightened budgets. Many women see anti-aging skin care as a reasonably priced investment in their appearance and well-being.”
Ennis named president of Revlon International
NEW YORK Revlon’s board of directors has elected Alan Ennis as a director of the company and president, Revlon International, effective March 1.
He will remain EVP and CFO, a post he has held since November 2006 after having served as SVP, corporate controller and chief accounting officer. In addition to his role as CFO, he has overseen the company’s international business during 2008. He joined the beauty company in March 2005 as SVP, internal audit. Before that, he held several senior financial positions with Ingersoll-Rand Co.
The election of Ennis will increase the size of Revlon’s board to 11 members. The company will continue to have a majority of independent directors on its board.
“Alan has demonstrated strong leadership skills and excellent strategic capabilities, and I am confident that he will continue to successfully lead our strong finance organization and that our international business will continue to grow profitability under Alan’s leadership,” stated David Kennedy, Revlon president and CEO.