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Alberto-Culver Consumer Products Worldwide Unit To Be Led By Bernick

This article was originally published in The Rose Sheet

Executive Summary

Alberto-Culver's newly-formed Consumer Products Worldwide unit will be headed by Carol Bernick as president, the company announced June 12. Bernick is promoted from her previous role as president of the company's North American packaged goods operation

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Alberto-Culver Consumer Product Sales Boosts Firm’s Stock 15% In Q3

Double-digit net sales growth in Alberto-Culver's Consumer Products Worldwide unit despite stiff competition in the hair care segment helped drive the firm's stock 15% to 58.82 in the third quarter

Alberto-Culver

Consumer products worldwide division sales are forecast to grow 8.1% in fiscal 2003, CEO Howard Bernick states during Prudential Securities consumer conference Sept. 3. The division, which includes the Alberto VO5, St. Ives and Tresemme global businesses, also is expected to achieve pretax earnings growth of 17% for the year, the exec adds. The Consumer Products Worldwide unit was created last year with the goal of bolstering the company's existing business abroad and facilitating expansion (1"The Rose Sheet" June 17, 2002, p. 5)...

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