Biscayne appoints new CEO.CLIFTON, N.J.--(BUSINESS WIRE)--March 20, 1995--The board of directors of Biscayne Apparel Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :BHA BHA butylated hydroxyanisole, an antioxidant used in foods, cosmetics, and pharmaceuticals that contain fats or oils. BHA n. A white, waxy phenolic antioxidant used to preserve fats and oils, especially in foods. ) Monday announced the appointment of John E. Pollack as its new chief executive officer. Earl W. Powell, the current chairman and chief executive officer, will remain as chairman of the company. Since September 1991, Pollack (50) has served as director, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Biscayne. Pollack was a founder, stockholder and director of Andy Johns Andy Johns, younger brother of famous Olympic Studios engineer Glyn Johns, father of HURT drummer Evan Johns and uncle of Kings of Leon and Ryan Adams producer Ethan Johns (son of Glyn Johns) is a prolific engineer and producer. Fashions Inc., which was one of the corporate predecessors of Biscayne Apparel International (``BAII''), and has served as vice president and chief operating officer of that company from its founding in 1975 until its acquisition by Biscayne in May 1986. From May 1986 to September 1991, Pollack served as an executive officer of the Andy Johns Fashions International Division of BAII. Earl W. Powell, chairman of Biscayne Apparel, said: ``We are delighted to appoint John Pollack as our chief executive officer. Since John became Biscayne's president and chief operating officer in 1991, Biscayne's revenues have grown approximately 35% and earnings have improved from an operating loss operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. of $456,000 to operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. of $4,960,000 in 1994. ``John will help us achieve our goal of becoming one of the leading suppliers of outerwear and childrenswear. His primary responsibility will be to continue our growth, in size and profitability, and to enhance long-term stockholder value.'' Biscayne Apparel Inc. is a diversified manufacturer, importer and exporter of apparel. Andy Johns Fashions International designs, imports and distributes women's and children's outerwear. M&L International Inc. designs, manufactures and distributes infants', toddlers', and children's outerwear, sportswear and swimwear. Mackintosh of New England Co. manufactures and imports women's wool coats and outerwear, and Varon manufactures girls' underwear and daywear day·wear n. Attire that is appropriate for use during the day. . Biscayne owns a minority interest in Hartwell Sports Inc., which manufactures casual jackets, knit shirts and activewear. CONTACT: Biscayne Apparel Inc., Miami A. Richard Hurwitz, 305/858-2200 |
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