Breaking News

New Leadership at CCA Industries

October 18, 2013

Company also posts Q3 results.

CCA Industries, Inc. named Richard Kornhauser as chief executive officer and president, effective immediately. Third quarter results covering the period ending Aug. 31, 2013 are also highlighted herein.

The unfortunate loss of the company's dynamic chief executive officer, Dunnan Edell, earlier this year caused it to operate without a full-time CEO in the highly competitive Health and Beauty Aids Industry during the last eight months. Without the energy, passion and creativity that Dunnan brought to CCA Industries and its successful brands, the company lost important momentum in 2013, it said.  As a result the company's performance, in-store merchandising position and turnover were not nearly on par with its successful efforts over the past 25 years.

Kornhauser, 58, has over the past 30 years honed his well-developed management skills, strong entrepreneurial drive, and his keen sense of opportunities in the health and beauty aids Industry at companies with very similar problem-solution brands to CCA Industries: Chattem, Incorporated, Combe Incorporated and FGX International. He was instrumental in spearheading the marketing and advertising efforts which helped drive significant, and profitable growth for such brands as: Gold Bond skin care, Icy Hot topical analgesics, Selsun-Blue dandruff shampoo, Sea Bond denture care, Odor-Eaters foot care, and even the iconic Foster Grant.

The company reported total revenues for the third quarter ended Aug. 31, 2013 of $9.7 million and a net loss of $792,892.  For the same period of 2012, the company had revenues of $14.0 million and net income of $428,747.  Total revenues for the nine months ended Aug. 31, 2013 were $32.8 million as compared to $42.4 million, for the same period in 2012. 
 
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • New Surfactants

    Tom Branna, Editorial Director ||September 1, 2016
    Here’s a list of new ingredients introduced by surfactant suppliers

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.