JOHNSON PRODUCTS APPOINTS CHAIRMAN OF THE BOARD JOAN B. JOHNSON TO ADDITIONAL POSITION OF CHIEF EXECUTIVE OFFICER
JOHNSON PRODUCTS APPOINTS CHAIRMAN OF THE BOARD JOAN B. JOHNSON
TO ADDITIONAL POSITION OF CHIEF EXECUTIVE OFFICER
CHICAGO, April 1 /PRNewswire/ -- Johnson Products Co., Inc. (AMEX: JPC) announced today that Joan B. Johnson, chairman of the board, has been appointed to the additional position of chief executive officer. The company further announced that its operations committee, formed over three yeas ago, will function as the "Office of the President" and be responsible for day-to-day matters. The operations committee is comprised of the officers of the company as well as the directors of key functional areas.
Joan B. Johnson stated, "Internally, it's back to business as usual at the company. This team has proven over the last three years that they can produce solid results. I believe the members view this move as a challenge. Having seen them operate in the past, I am confident they will continue to prove this to the business community and to our stockholders."
Johnson Products manufactures and markets personal care products for retail and professional markets in the U.S. and overseas under such leading brand names as Gentle-Treatment, Ultra Sheen, Sta-Sof-Fro, Sof N' Free and Classy Curl.
Johnson Products is a publicly owned company listed on the American Stock Exchange under the trading symbol "JPC".
/CONTACT: Thomas P. Polke, vice president, finance of Johnson Products, 312-483-4100, ext. 280/
(JPC) CO: Johnson Products Co., Inc. ST: Illinois IN: HOU SU: PER PS -- NY109 -- 4123 04/01/92 18:05 EST