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32. Chattem
Chattanooga, TN
423.821.4571
www.chattem.com
Sales: $300 million
Sales:
$300 million for the year ended Nov. 30, 2006.Key Personnel:
Zan Guerry, chairman and chief executive officer; Robert E. Bosworth, president and chief operating officer; Andrea M. Crouch, vice president, brand management; Ron Galante, vice president, new business development; Richard W. Kornhauser, vice president, marketing; Robert B. Long, chief accounting officer; B. Derrill Pitts, vice president, operations; J. Blair Ramey, vice president, brand management and media; Charles M. Stafford, vice president, sales; Theodore K. Whitfield Jr., vice president, general counsel and secretary.
Major Products:
Skin care—Gold Bond; Hair care—Selsun Blue; Health care—Icy Hot, Aspercreme, Capzasin, Flexall; Supplements—Dexatrim, Garlique.
New Products:
Icy Hot Pro-Therapy.Comments:
Sales rose 8% to $300 million. Total revenues increased 11% over the prior year excluding sales of pHisoderm, which was divested in November 2005. Revenue growth for fiscal year 2006 was led by Gold Bond, Dexatrim, Selsun, BullFrog and Pamprin along with the new product launch of Icy Hot Pro-Therapy.On May 29, Chattem closed its previously announced agreement to acquire the rights to Act, a branded over-the-counter anti-cavity mouthwash/mouth rinse, in Western Europe together with worldwide trademark rights from Johnson & Johnson for $4.1 million in cash plus certain assumed liabilities. Chattem funded the acquisition with existing cash.
