14. Mary Kay.
Sales: $2.2 billion
Sales: $2.2 billion.
Key Personnel: David Holl, president and chief operating officer; Darrell Overcash, president; Terry Smith, chief financial officer; Melinda Sellers, senior vice president, human resources.
Chief Scientific Officer: Dr. Myra Barker, executive vice president, marketing/R&D.
Chief Marketing Officer: Greg Franklin, vice president, marketing.
Major Products: TimeWise Miracle Set, TimeWise Microdermabrasion, MK Signature Ultimate Mascara, MK Signature creme lipsticks; MK Signature lipgloss, Velocity for Him cologne, Private Spa Collection.
New Products: TimeWise Age-Fighting lip primer, TimeWise Day Solution SPF 25, MK Signature ultimate mascara, Essence, MK Signature Luscious Color lipstick, MK Signature lip concentrate, Private Spa Collection Satin Hands pampering set, TimeWise Even Complexion Essence.
Comments: Sales continue to surge at Mary Kay. The company set a new sales record again in 2005, with a gain of 22%. In April, Mary Kay appointed David Holl as president and CEO. He joined the company in 1993 and most recently served as president and COO. During his tenure, Mr. Holl is credited with expanding the company's business in China and eastern Europe. Mr. Holl replaced Richard R. Rogers, the company's co-founder and son of Mary Kay Ash. Mr. Rogers assumes the role of executive chairman.
At the end of 2005, Mary Kay Inc. had a sales force of 1.6 million and operated in 30 markets around the world.
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|Title Annotation:||Top 50|
|Publication:||Household & Personal Products Industry|
|Date:||Jul 1, 2006|
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