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    Top Companies Report

    11. Mary Kay

    ...

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    07.01.16
    Addison, TX
    800-MARY KAY
    www.marykay.com

    Sales: $4 billion.

    Key Personnel: Richard R. Rogers, executive chairman; David Holl, president and chief executive officer; Sheryl Adkins-Green, chief marketing officer; Thomas S. Cho, chief supply chain officer; KK Chua, president, Asia-Pacific; Tara Eustace, president, Europe; Deborah Gibbins, chief financial officer; Melinda Foster Sellers, chief people officer; Kregg Jodie, chief information officer; Nathan Moore, chief legal officer and secretary; Darrell Overcash, president, North America; Ryan Rogers, board of directors and chief investment officer; Jose Smeke, president, Latin America.

    Major Products: Skin care, color cosmetics, body care, sun care and fine fragrances marketed under the Mary Kay and TimeWise brand names.

    New Products: Perfectly Bright Complex, Lash Intensity mascara, Mary Kay Perfecting concealer.

    Comments: Sales were flat at privately-held Mary Kay in 2015, but the company continued to make news in the global cosmetics category. Last year, the company was awarded more than 130 patents; an achievement that enabled Mary Kay Inc. to reach a milestone of more than 1,200 patents for products, technologies and packaging designs in its global portfolio.
     
    Notable utility patents awarded to Mary Kay in 2015 for skin care technologies and product formulations included Mary Kay TimeWise Repair Volu-Firm Lifting Serum, Mary Kay TimeWise Body Targeted-Action Toning Lotion and Mary Kay TimeWise Repair Volu-Firm Eye Renewal Cream. For packaging innovations, design patents were awarded to the Mary Kay Cityscape Eau de Parfum and Mary Kay Cityscape Cologne Spray bottles, Mary Kay Lash Intensity Mascara and Mary Kay TimeWise Repair Volu-Fill Deep Wrinkle Filler.

    “The patent process spurs innovation,” noted John Wiseman, vice president and associate general counsel for intellectual property and innovation for Mary Kay Inc. “Because we can protect our inventions, we have an incentive to continue inventing great things.” From inspiration to formulation to distribution, each new product passes through a series of stringent research and consumer testing procedures. Mary Kay Inc. invests millions of dollars in research and development and conducts more than 500,000 tests each year to ensure Mary Kay products meet the highest standards of quality, safety and performance.”

    The company has high standards when it comes to social media, too. Mary Kay took home Best Facebook, Best Pinterest and Best YouTube honors at the 2015 #beauty20 Awards.

    In November, the company announced it plans to build a $100 million global manufacturing and research and development plant in Lewisville, TX.

    “We are committed to the latest in technological innovation and Mary Kay’s new facility will be on the leading edge of design, construction and production,” said David Holl, president and chief executive officer. “Our analysis identified a site in Lewisville as the optimal location for our new facility that will enable us to continue to provide the highest quality skin care and color cosmetics for our more than 3.5 million independent sales force members worldwide.” 

    The criteria for selecting the new site included employee and logistical considerations, as well as proximity to the company’s other local facilities, including its global headquarters in Addison, a distribution center in Carrollton and a warehouse in Dallas.
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