Senetek PLC Appoints Vice Chairman
Thursday November 13, 1:42 pm ET
NAPA, Calif., Nov. 13 /PRNewswire-FirstCall/ -- Senetek PLC (Nasdaq: SNTK - News), www.senetekplc.com , today announced that its Board of Directors has appointed Director Anthony Williams as Vice Chairman of the Board of Directors in addition to his role as Chairman of the Compensation Committee. In this new position, Mr. Williams will coordinate the contributions of the five non-executive Directors who form a majority of the seven member Board and be their interface with Senetek Management, as well as working actively with Management to support and enhance its initiatives in shareholder relations and corporate governance.
Mr. Williams joined Senetek's Board in February 2003. He is a Corporate Partner at Coudert Brothers LLP, the New York-based international law firm, specializing in mergers and acquisitions. During his thirty year career with that firm he has served as Chairman of its Executive Committee and Administrative Partner responsible for its worldwide operations, and has formed important relationships in the pharmaceuticals industry in the course of his involvement in numerous major transactions including the Boehringer-Manheim/Hoffman LaRoche merger. Mr. Williams is a director of RAG American Coal Holdings, Inc., DBT America Inc, Trautman Wasserman & Company Inc., IE Holdings, Ltd., Brook Capital Corporation, Plymouth Holdings Limited, River Ventures, Inc., Fenn Wright & Manson, and the German American Chamber of Commerce.
Frank J. Massino, Chairman and Chief Executive Officer of Senetek, said, "We believe it is indicative of Senetek's tremendous potential that an individual of Tony's caliber is prepared to make the commitment of time and effort that this appointment entails. His in-depth experience across a broad range of industries and legal disciplines both domestically and overseas are a tremendous asset for Senetek as it broadens its business base, and his solid grounding in corporate governance will help us continue melding the varied strengths of our Management and Board and aligning them with our shareholders' interests."
Mr. Williams commented, "Senetek has reached a very exciting threshold in its business and is committed to pursuing best practices in corporate governance. I am very pleased to assume an even broader role in both areas. We look forward to the future with great optimism."
Visit Senetek PLC's Web site: senetekplc.com
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 eventual national roll-out of the infomercial, the potential success of the Kinetin Plus product line and the hoped-for benefits of this product launch. 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 described 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, 2002 and Quarterly Reports on Form 10-Q for subsequent calendar quarters of 2003, 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.
Source: Senetek PLC |
