In Brief: Chantal
This article was originally published in The Rose Sheet
Executive Summary
Chantal: Appoints Gary Burnison to CFO, effective July 8, Chantal Pharmaceutical announced June 25. He will take over financial responsibilities previously handled by President and CEO Chantal Burnison, which include focusing on company strategy and readying the firm "for both domestic and international growth," the firm said. Gary Burnison's appointment follows recent reports in the lay press that Chantal overstated its revenues for fiscal 1995 and the first quarter 1996. In addition, Chantal was notified by NASDAQ in May that it risked delisting from the NASDAQ SmallCap stock market due to overdue reporting of its second and third quarter financial results ("The Rose Sheet" May 27, p. 8). Burnison comes to Chantal with 12 years of public accounting and financial management experience. He most recently held the position of senior VP at the international investment banking firm Jefferies & Company. Chantal Burnison and Gary Burnison are not related, according to the company...
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Marketing In Brief
ModiFace launches forecasting tool: Toronto-based virtual makeover firm introduces ShadeCast, a makeup sampling and forecasting tool based on behavioral tracking. ShadeCast is used in conjunction with iPhone application MakeUp, which allows consumers to virtually try on makeup in hundreds of shades from brands including Revlon, Cover Girl, Lancome and Clinique. ShadeCast offers 1,000 cosmetic shades from 40 brands and assigns a ShadeScore "to approximately position the [app's] hottest and most sampled color." ModiFace exec Nikkie Gatto likens the app to radio music playlists, helping consumers "looking to capture the current look, but also provide vital market intelligence to our retail channel partners," she says in Nov. 3 release. "The value of data to demonstrate the aggregate behavior will help the industry predict the latest trends and help cosmetic manufacturers better understand the color and products which most resonate with online and iPhone virtual makeover users," the company says