Business executives who earned top dollar in the South Bay last year generally were purveyors of distinctively late-20th-Century products.
The stock, which traded as low as earlier this year, closed up 87.5 cents at .625. Cotsen had gotten there a couple of years earlier, Neutrogena's phenomenal corporate success story might never have taken place.
"I was right out of Harvard Business School and I knew you didn't go into the soap business," said Cotsen, who started at the company in 1957 after marrying the founder's daughter.
Then called Natone Products, the firm made lip brushes and other consumer products out of a small Los Angeles plant.
Cotsen sometimes refers to himself simply as a "soap salesman," a description modest by many degrees. Cotsen, 59, continues as president and chief executive officer of the parent company, a Los Angeles maker of specialty skin-care products.
He has lived a life of privilege and culture, residing in the toniest Westside neighborhoods and supporting the arts with a modesty often lacking in the area's entertainment-driven philanthropic community. Cotsen sometimes refers to himself simply as a "soap salesman," a description modest by many degrees. Christian Bardin, 49, remains as president of Neutrogena's international division. Like many of my friends, I am more than disturbed by the "Who-is-a-Jew" issue that is wracking Israel and the politicizing of a religious point of few--to the extent of imposing the will of a few on the Jewish community at large.
He's a successful executive who has been known to leave the cares of business behind for an archeological field trip to Greece or the Mideast. He has lived a life of privilege and culture, residing in the toniest Westside neighborhoods and supporting the arts with a modesty often lacking in the area's entertainment-driven philanthropic community. Ripley III has been named to the newly created position of president and chief operating officer of the U. Aiming to broaden its offerings in the skin care business, Johnson & Johnson said Monday that it will pay a premium price of 4.1 million to acquire Neutrogena, the maker of premium-priced soaps, shampoos and other beauty products. Paul Getty Trust is a cultural and philanthropic institution devoted to the arts. In the past two years, the position of Israel in the world and with its strongest ally has eroded.
He's a successful executive who has been known to leave the cares of business behind for an archeological field trip to Greece or the Mideast. A deal had been widely expected after Los Angeles-based Neutrogena said earlier this month it was holding buyout talks with a "substantially larger" company. The 13-member Getty board of trustees meets quarterly; trustees are unpaid. This issue is only contributing to that erosion, but in a more critical way by alienating American Jewish support, which Israel can ill afford.
Among their duties: approving acquisitions of artworks costing more than million. Israel should not take American political support for granted.
New trustees are nominated by a governance committee that includes board members Lloyd E. Companies that reward chief executives with big stock grants consistently create greater share value for investors than firms that do not, says the annual executive compensation study released Wednesday by the United Shareholders Assn.
The study was conducted for the Washington-based shareholders' rights group by Harvard Business School professor Kevin J.
Murphy, an executive-pay specialist, who analyzed data gathered from 1,000 of the nation's largest corporations.