EMPLOYMENT HISTORY & INSIDER TRANSACTIONS
Darby Simpson Macfarlane co-founded the Company in March 1984. She has been Chairperson of the Board, Chief Executive Officer, Assistant Treasurer and a director of the Company since formation and also served in the capacity of President until April 9, 1995.
Prior to such time, Mrs. Macfarlane was the co-founder in 1974 of Personalized Colors, Inc. Commencing in 1978, Mrs. Macfarlane and her husband led and directed the Company's research and development and mass-manufacturing efforts of the color science technology, instrumentation and cosmetic and related products now used by the Company.
Mr. Macfarlane co-founded the Company and is also one of the primary inventors of the patented technologies used in the Colormate(TM) II System. In addition, Mr. Macfarlane developed the manufacturing, technical and engineering specifications necessary to have miniaturized and mass manufactured the Colormate(TM) II System.
Mr. Macfarlane has been Vice President, Research and Development, and a director of the Company since formation. Prior to 1984, Mr. Macfarlane held a variety of executive positions with finance, sales, marketing, research and development and manfacturing companies in Europe, South Africa and the United States, including International Technical Research and Development, Ltd., and Trumach, Inc.
Leslie Foglesong has been the Secretary, Treasurer and a director of the Company since its formation.
From January 1, 1995 to March 1995, Mr. Arthur Guiry provided consulting services to the Company in connection with the marketing of the Company's medical applications for its technology. On April 10, 1995, Mr. Guiry commenced his duties as President of the Company under a five year employment agreement between the Company and Mr. Guiry which provides Mr. Guiry an annual base salary of $200,000 plus an aggregate of 200,000 oprions to purchase shares of the Company's Common Stock nder the Company's 1992 Stock Option Plan.
Mr. Guiry has held positions as an executive in sales for divisions of Bristol-Myers, Smith & Nephew Ltd. and Solzer for the past 18 years. He also holds a physics degree from Manhattan College.
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Filed on Aug 18 1997--DARBY MACFARLANE--Sold 10,000
Filed on Aug 25 1997--ARTHUR R. GUIRY--Sold 25,000
Filed on Aug 29 1997--ARTHUR R. GUIRY--Sold 25,000
Filed on Sep 2 1997--LESLIE FOGLESONG--Sold 10,000
Filed on Sep 2 1997--DARBY MACFARLANE--Sold 30,000
Filed on Sep 19 1997--LESLIE FOGLESONG--Sold 10,000
Filed on Nov 5 1997--DARBY MACFARLANE--Sold 50,000 |
