Experienced Chief Financial Officer Joins Senetek PLC
Monday March 17, 12:55 pm ET
NAPA, Calif., March 17 /PRNewswire-FirstCall/ -- Senetek PLC (Nasdaq: SNTK - News), ( www.senetekplc.com ), a healthcare technologies company focused on developing and co-marketing products applicable to the anti-aging markets in key skin care/dermatologicals and sexual dysfunction categories worldwide, today announced the appointment of Brad Holsworth as Chief Financial Officer.
Mr. Holsworth has broad experience in accounting, finance, banking, tax planning and human resources management. Prior to departing for private industry in 1999, he spent sixteen years in public accounting, the last four as a partner, at BDO Seidman, where he was involved with audits, Securities & Exchange Commission reporting and compliance, merger and acquisition, financing advisory services and tax planning. He also was in charge of the local office recruiting, hiring and human resources management. While at BDO Seidman, Mr. Holsworth was Audit and Accounting Partner for the Senetek engagement for one year.
Subsequently, Mr. Holsworth served as Principal for Finance and Accounting of Bank of America Securities, where he was responsible for budgeting and forecasting for 10 business units and managed business line profitability methodologies. From 2000 until February 2003, he served as Chief Financial Officer of WideOrbit Inc. and Prescient Capital LLC, affiliated companies in the media software licensing and money management businesses, with responsibility for accounting, finance, tax and administration and extensive involvement in debt and equity financings. Mr. Holsworth earned a B.S. in Accounting from Santa Clara University, is a certified public accountant, and a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants.
Frank J. Massino, Chairman and Chief Executive Officer of Senetek, said, "We are delighted with this hiring, which supplements our management team and equips us to execute the ambitious business plan we have set for ourselves. Brad brings broad experience in accounting and finance coupled with hands-on business experience and a knowledge of Senetek gained in his year as our Audit Partner at BDO. His abilities perfectly complement the talents of our other management team members and readies us to achieve our full potential in the exciting business sectors which are our primary focus."
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Visit Senetek PLC's web site: senetekplc.com .
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Senetek PLC Investor Relations Contact:
1-707-226-3900 ext. 102
E-Mail: Pknopick@eandecommunications.com
Safe Harbor Statement:
This news release may contain statements that may be considered "forward-looking statements" under the federal securities laws, including statements concerning the Company's financial stability, its expectations of continued growth and profitability and its intent to expand its overseas business. Forward-looking statements by their nature involve substantial uncertainty and there can be no assurance that actual results or events will not differ materially from those in the forward-looking statements as a result of various factors, including the risks and uncertainties described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2001 and Quarterly Reports of Form 10-Q for the subsequent calendar quarters of 2002, filed with the Securities and Exchange Commission. In addition, while the Company has attempted to identify in those filings the principal factors that it believes could result in such material differences, there can be no assurance that it has identified all of such factors or all of the ways in which such factors may affect future results or events.
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Source: Senetek PLC |
