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Enesco Group, Inc. Announces New Leadership; Cynthia Passmore-McLaughlin Named President.


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A lake of northwest Minnesota. It was identified in 1832 as the source of the Mississippi River.
, Ill. -- Enesco Group, Inc. (NYSE NYSE

See: New York Stock Exchange
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), a leader in the giftware, collectible and home decor industries, announced today it will appoint Cynthia Passmore-McLaughlin as President on October 1, 2004. George Ditomassi, veteran Enesco Board member and former chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the Milton Bradley This article or section is written like a personal reflection or and may require .
Please [ improve this article] by rewriting this article or section in an .
 Company, will continue as interim Chief Executive Officer.

To ensure continuity, Ditomassi will remain focused on resolving operational challenges related to the new ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  (Enterprise Resource Planning See ERP.

(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses.
) system. This enables Passmore-McLaughlin to address current and future business strategies, allowing for a more effective transition to the Chief Executive Officer role.

Anne-Lee Verville, Enesco's Chairman of the Board, said, "After conducting an extensive search, we are confident that Cynthia will bring the experience, leadership and vision to the Company that will fulfill our mission and build shareholder value. With her strong understanding of Enesco's primary customers coupled with her global experiences in marketing, merchandising, new product development and operations, Cynthia will be instrumental in guiding Enesco through the challenges of a changing marketplace and ever-increasing consumer expectations."

"I am excited about the opportunity to lead a company with such a strong legacy and commitment to exceptional products and customer service," said Cynthia Passmore-McLaughlin. "I look forward to spearheading Enesco's transformation to a global full-line supplier of gift solutions."

Most recently, Passmore-McLaughlin was Senior Vice President of Customer Marketing and Retail Design for Revlon, Inc (NYSE:REV), a world leader in cosmetics, skin care, fragrance and personal care and a leading U.S. mass market cosmetics brand. Reporting to the Executive Vice President, Sales and serving on the North American North American

named after North America.


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see North American blastomycosis.

North American cattle tick
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 Leadership Team, Passmore-McLaughlin oversaw marketing, information technology, creative design, purchasing, category management and customer service for the North American Sales operations. The team focused on all of Revlon's $1.15 billion cosmetics, hair color, personal care and fragrance businesses.

Prior positions with Revlon include Senior Vice President, Customer Business Management while concurrently serving as General Manager of Revlon Canada. As General Manager, Passmore-McLaughlin had full P & L responsibility for the Canadian subsidiary including a manufacturing plant, distribution center and third-party manufacturers. She led a cross-functional leadership team of sales, information technology, finance, marketing, operations and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  professionals. Other experiences with Revlon include a three-year assignment in the United Kingdom as Regional Vice President, Marketing - Europe, Eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
 and Middle East.

Passmore-McLaughlin started her career in the marketing function at Proctor & Gamble's Beauty Division and later with the Clairol Corporation, a division of Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were .

Passmore-McLaughlin graduated from Brown University with a degree in Political Science. She anticipates relocating to the Chicago area with her husband and son from Connecticut in the coming months.

About Enesco Group, Inc.

Enesco Group, Inc. is a world leader in the gift, collectible and home decor industries. Serving more than 40,000 customers globally, Enesco distributes products to a wide variety of specialty card and gift retailers, home decor boutique as well as mass-market chains and direct mail retailers. Internationally, Enesco serves markets operating in Europe, Australia, Mexico, Asia and the Pacific Rim. With subsidiaries located in Europe and Canada, and a business unit in Hong Kong, Enesco's international distribution network is a leader in the industry. The Company's product lines include some of the world's most recognizable brands, including Precious Moments, Walt Disney Classics Collection The Walt Disney Classics Collection is a series of collectible sculptures of Disney characters and scenes. , Nickelodeon, Heartwood heartwood, the central, woody core of a tree, no longer serving for the conduction of water and dissolved minerals; heartwood is usually denser and darker in color than the outer sapwood.  Creek, Halcyon hal·cy·on  
n.
1. A kingfisher, especially one of the genus Halcyon.

2. A fabled bird, identified with the kingfisher, that was supposed to have had the power to calm the wind and the waves while it nested on the sea
 Days, Lilliput Lane, and Border Fine Arts, among others. Further information is available on the Company's web site at www.enesco.com.

This press release contains various forward-looking statements that are based on management's current assumptions and beliefs and upon information currently available to management. The Company has tried to identify such forward-looking statements by use of such words as "expects," "intends," "anticipates," "could," "estimates," "plans," and "believes," and similar expressions, but these words are not the exclusive means of identifying such statements. Such statements are subject to various risks, uncertainties and other factors which could cause actual results to vary materially from those anticipated, estimated, expected or projected. Important factors that may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements include, but are not limited: the Company's success in developing new products and consumer reaction to the Company's new products; the Company's ability to secure, maintain and renew popular licenses, particularly our licenses for Precious Moments, Cherished Teddies, Heartwood Creek and Disney; the Company's ability to grow revenues in mass and niche market channels; the Company's ability to identify and close on strategic acquisitions; changes in general economic conditions, as well as specific market conditions; fluctuations in demand for our products; manufacturing lead times; the timing of orders and shipments and our ability to predict customer demands; inventory levels and purchase commitments exceeding requirements based upon incorrect forecasts; collection of accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying ; changes in the regulations and procedures affecting the importation of goods into the United States; changes in foreign exchange rates; price and product competition in the giftware industry; variations in sales channels, product costs or mix of products sold; and, possible future terrorist attacks, epidemics, or acts of war Tom Clancy's Op-Center: Acts of War is a technothriller by Jeff Rovin Plot introduction
The mobile Regional Operations Center (ROC) in Turkey investigates a dam blown up by Kurdish terrorists.
.

In addition, the Company operates in a continually changing business environment and does not intend to update or revise the forward-looking statements contained herein, which speak only as of the date hereof. Additional information regarding forward-looking statement risk factors is contained in the Company's reports and filings with the Securities and Exchange Commission. In light of these risks and uncertainties, the forward-looking statements contained herein may not occur and actual results could differ materially from those set forth herein. Accordingly, you should not rely on these forward-looking statements as a prediction of actual future results.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 15, 2004
Words:936
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