CCA Industries, Inc. has announced with great sadness the sudden death of Dunnan D. Edell, the Company's president and chief executive officer. Dunnan Edell was also a director of the Company.
The Board of Directors has asked David Edell, the former CEO and founder of the Company, who retired at the end of 2011, to accept the position of chief executive officer at this time. The Board also has appointed Stephen A. Heit as president of the Company in addition to his responsibilities as CFO.
Heit had previously served as President of AM Cosmetics, a consumer products company, and had experience calling on the same customers of CCA.
Drew Edell has been appointed COO. Drew Edell has also been appointed by the Board of Directors as a director of the Company until the next annual meeting of the shareholders. All of the appointments are effective immediately.
CCA Industries Inc. manufactures and markets health and beauty aids, under individual brand names. The products include "Plus White" toothpastes and teeth whiteners, "Mega-T" diet supplements, "Mega-T" Green Tea gum and mint products, "Bikini Zone" medicated topical and shave gels, "Nutra Nail" nail care treatments, "Gel Perfect" UV free gel color, "Scar Zone" scar treatment products, "Sudden Change" anti-aging skin care products, "Cherry Vanilla" fragrances, "Solar Sense" sun protection products and "Hair Off" hair removal and depilatory products.
Stanley Kreitman, chairman of the board, stated: "I am very grateful that David Edell has agreed to accept the position of Chief Executive Officer. This is a terrible time for David and his family, and I think it is admirable that despite his overwhelming grief over the sudden loss of his son he has agreed to help the Company out, always keeping in mind the best interests of the shareholders."
Kreitman continued, "We are also grateful that Stephen Heit has accepted the position of President. Steve's previous experience will provide important continuity with our customers and employees. We have a strong core of staff that will enable CCA to continue during this difficult time. Our thoughts and prayers are with Dunnan's family, his father David, his brother Drew and their families."