Former Revlon Chief Administrative Officer Joins Senetek PLC As Executive Vice President and General Counsel
Tuesday April 1, 8:15 am ET
NAPA, Calif., April 1 /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 Wade H. Nichols, former Revlon, Inc. (NYSE: REV - News) Executive Vice President and Chief Administrative Officer, as General Counsel and Executive Vice President, Corporate Development for Senetek.
Mr. Nichols spent 23 years in positions of increasing responsibility with Revlon, the global marketer of consumer products that is one of Senetek's principal licensees. Mr. Nichols also served as Senior Vice President and General Counsel at Revlon and had extensive involvement in debt and equity financings, bank borrowings, licensing, human resources, administration, e-commerce, public relations, and mergers and acquisitions including the acquisition of seven major public and private companies in the pharmaceuticals, proprietary drug, ophthalmic products and medical diagnostics sectors as well as major cosmetics businesses including Almay and Max Factor.
Mr. Nichols received a B.A. cum laude from Yale University in 1964 and an LL.B. cum laude from Columbia Law School in 1967, and was associated with the New York law firm of Paul, Weiss, Rifkind, Wharton & Garrison for seven years before joining Revlon. He has served as a member of the Board of Directors of Senetek since February 2002 and has been an independent consultant to Senetek since May 2002. Upon joining Senetek, Mr. Nichols steps down from the Board of Directors. This is in line with the Company's objective of achieving an independent Board.
Frank J. Massino, Chairman and Chief Executive Officer of Senetek, said, "We are pleased to have Wade join our management team. He combines broad expertise in business law with an in-depth understanding of the skin care and cosmetics industry and thus will be able to make a significant impact immediately."
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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 |
