People: Inter Parfums Inc (IPAR.O)

IPAR.O on Nasdaq

29.75USD
22 May 2013
Price Change (% chg)

$-0.58 (-1.91%)
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$30.33
Open
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$29.38
Volume
153,200
Avg. Vol
117,842
52-wk High
$31.88
52-wk Low
$15.17

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Summary

Name Age Since Current Position

Jean Madar

1997 Chairman of the Board, Chief Executive Officer; Director General of Interparfums SA

Philippe Benacin

2009 Vice Chairman of the Board, President; Chief Executive Officer of Inter Parfums, S.A.

Russell Greenberg

56 1995 Chief Financial Officer, Executive Vice President, Director

Henry Clarke

52 2009 President of Inter Parfums USA, LLC

Philippe Santi

Executive Vice President and Chief Financial Officer of Interparfums SA; Director

Frederic Garcia-Pelayo

2005 Director - Luxury and Fashion division of Inter Parfums, S.A.

Axel Marot

2009 Director - Production & Logistics of Inter Parfums, S.A.

Robert Bensoussan-Torres

55 1997 Independent Director

Patrick Choel

2006 Independent Director

Francois Heilbronn

52 1988 Independent Director

Jean Levy

80 1996 Independent Director

Serge Rosinoer

81 2000 Independent Director

Biographies

Name Description

Jean Madar

Mr. Jean Madar is Chairman of the Board, Chief Executive Officer of Inter Parfums, Inc., and Director General of Interparfums SA, a subsidiary of the Company. Mr. Madar, a Director, has been the Chairman of the Board since the company’s inception, and is a co-founder of the company with Mr. Philippe Benacin. From inception until December 1993 he was the President of the company; in January 1994 he became Director General of Interparfums SA, the company’s subsidiary; and in January 1997 he became Chief Executive Officer of the company. Mr. Madar was previously the managing director of Interparfums SA, from September 1983 until June 1985. At such subsidiary, he had the responsibility of overseeing the marketing operations of its foreign distribution, including market research analysis and actual marketing campaigns. Mr. Madar graduated from The French University for Economic and Commercial Sciences (ESSEC) in 1983.

Philippe Benacin

Mr. Philippe Benacin is Vice Chairman of the Board, President of Inter Parfums Inc., and Chief Executive Officer of Interparfums SA, a subsidiary of the Company. Mr. Benacin, a Director, is President of the Company and the Chief Executive Officer of Interparfums SA, has been the Vice Chairman of the Board since September 1991, and is a co-founder of the company with Mr. Madar. He was elected the Executive Vice President in September 1991, Senior Vice President in April 1993, and President of the Company in January 1994. In addition, he has been the Chief Executive Officer of Interparfums SA for more than the past five years. Mr. Benacin graduated from The French University for Economic and Commercial Sciences (ESSEC) in 1983.

Russell Greenberg

Mr. Russell Greenberg is Chief Financial Officer, Executive Vice President, Director of Inter Parfums, Inc. Mr. Greenberg, the Chief Financial Officer, was Vice-President, Finance when he joined the Company in June 1992; became Executive Vice President in April 1993; and was appointed to the board of directors in February 1995. He is a certified public accountant licensed in the State of New York, and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. After graduating from The Ohio State University in 1980, he was employed in public accounting until he joined the company in June 1992.

Henry Clarke

Mr. Henry B. Clarke is President of Inter Parfums USA, LLC, a subsidiary of Inter Parfums Inc. He was appointed as President of Inter Parfums USA, LLC in 2009, following his appointment as President of Inter Parfums USA, LLC – Specialty Retail Division in January 2008, which presently encompasses fragrance and personal care products produced for Gap, Banana Republic, New York & Company, Brooks Brothers, bebe, Nine West, Betsey Johnson, Lane Bryant and Anna Sui. Mr. Clarke has been employed by the company since 2001. Prior to joining the Company Mr. Clarke had spent seventeen years in the beauty business in various capacities.

Philippe Santi

Mr. Philippe Santi is Director of Inter Parfums Inc., and Executive Vice President and Chief Financial Officer of Interparfums SA, a subsidiary of the Company. Mr. Santi, a Director since December 1999, is the Executive Vice President and Chief Financial Officer of Interparfums SA. Mr. Santi, who is a Certified Accountant and Statutory Auditor in France, has been the Chief Financial Officer of Interparfums SA since February 1995. Prior to February 1995, Mr. Santi was the Chief Financial Officer for Stryker France and an Audit Manager for Ernst and Young.

Frederic Garcia-Pelayo

Mr. Frederic Garcia-Pelayo is Director - Luxury and Fashion division of Inter Parfums, S.A., a subsidiary of Inter Parfums Inc. He became the Director of the Luxury and Fashion division of Interparfums SA in March 2005. He was previously the Director of Marketing and Distribution for Perfume and Cosmetics for Interparfums SA and was named Executive Vice President in 2004. Previously Mr. Garcia-Pelayo was the Director of Export Sales of Interparfums SA from September 1994. Prior to September 1994, Mr. Garcia-Pelayo was the Export Manager for Benetton Perfumes for seven (7) years.

Axel Marot

Mr. Axel Marot is Director - Production & Logistics of Inter Parfums, S.A., a subsidiary of Inter Parfums Inc. He was the Supply Chain Manager when he joined Interparfums SA in 2003 and has been the Director of Operations for Interparfums SA since January 2005. Prior to joining Interparfums SA, Mr. Marot was a Supply Chain Manager for Nestlé.

Robert Bensoussan-Torres

Mr. Robert Bensoussan-Torres is Independent Director of Inter Parfums Inc. Mr. Bensoussan is a director of J. Choo Limited, is the co-founder of Sirius Equity, a retail and branded luxury goods investment company. In November 2001, he became the Chief Executive Officer of Jimmy Choo Ltd., a luxury shoe and ready to wear accessory company. In 2007 Jimmy Choo Ltd. was sold to a private equity firm. From 1999 to December 2000, he was the Managing Director of Gianfranco Ferre fashion group, based in Milano, Italy. Previously Mr. Bensoussan-Torres was a Director of Towers Consulting Europe, Ltd. Towers Consulting Europe, Ltd. is a consulting company based in London, which specialized in strategic advice in connection with mergers and acquisitions in the luxury goods business. Mr. Bensoussan-Torres was the Chief Executive Officer of Christian Lacroix, Paris, a subsidiary of LVMH Group, from February 1993 until May 1998. Christian Lacroix was a French Haute Couture House and has activities in the field of apparel, accessories and fragrances. From December 1990 through January 1993 he was based in Munich, Germany, as the International Sales Director of The Escada Group.

Patrick Choel

Mr. Patrick Choel is Independent Director of Inter Parfums, Inc. He was appointed to the board of directors in June 2006. He is a member of the Audit Committee, Nominating Committee and the Executive Compensation and Stock Option Committee. Mr. Choël is a director of the company's majority-owned subsidiary, Interparfums SA, and Modellabs, both publicly held companies, and Christian Dior and Guerlain, both privately held companies. He is also the manager of Université 82, a business consultant and advisor. For approximately 10 years, through March 2004, Mr. Choël worked as the President and CEO of two divisions of LVMH, first Parfums Christian Dior, a world-wide prestige beauty/fragrances business, and later, the LVMH Perfumes and Cosmetics Division, which included such well known brands as Parfums Christian Dior, Guerlain, and Parfums Givenchy, among others. Prior to such time, for approximately 30 years, he worked at various executive positions at Unilever, including President and CEO of Elida Fabergé France and President and CEO of Chesebrough Pond’s USA.

Francois Heilbronn

Mr. Francois Heilbronn is Independent Director of Inter Parfums, Inc. He is a member of the Audit Committee, Nominating Committee and the Executive Compensation and Stock Option Committee, is a graduate of Harvard Business School with a Master of Business Administration degree and is currently the managing partner of the consulting firm of M.M. Friedrich, Heilbronn & Fiszer. He was formerly employed by The Boston Consulting Group, Inc. from 1988 through 1992 as a manager. Mr. Heilbronn graduated from Institut d' Etudes Politiques de Paris in June 1983. From 1984 to 1986, he worked as a financial analyst for Lazard Freres & Co. In addition, during 2009 Mr. Heilbronn became an Associate Professor in Business Strategy at Sciences Po, Paris, France.

Jean Levy

Mr. Jean Levy is Independent Director of Inter Parfums, Inc. He is a member of the Audit Committee, Nominating Committee and the Executive Compensation and Stock Option Committee, worked for twenty-seven years at L'Oreal, and was the President and Chief Executive Officer of Cosmair, the exclusive United States licensee of L'Oreal, from 1983 through June 1987. In addition, he is the former President and Chief Executive Officer of Sanofi Beaute (France). For the more than the past five years, Mr. Levy has been an independent advisor as well as a consultant for economic development to local governments in France. A graduate of l'Institut d'Etudes Politiques de Paris, he also attended Yale Graduate School and was a recipient of a Fulbright Scholarship. He was also a Professor at l'Institut d'Etudes Politiques de Paris. He was formerly a director of Zannier Group and Escada Beaute Worldwide and Rallye, S.A. In addition, Mr. Levy was also a director (Chairman of the Board until October 2001) of Financière d'Or, and its subsidiary, Histoire d'Or which is in the retail jewelry business. Mr. Levy was formerly a consultant to Ernst & Young, Paris through 2004. He is currently a board member of Price Minister, an internet based retailer located in Paris.

Serge Rosinoer

Mr. Serge Rosinoer is Independent Director of Inter Parfums, Inc. He was appointed to the board of directors in December 2000. Mr. Rosinoer has devoted most of his career to the personal care, cosmetics and fragrance industry. Mr. Serge Rosinoer is presently the Vice Chairman of the Supervisory Board of Clarins SA. In 1978, Mr. Rosinoer joined the Clarins Group as Vice President and Chief Operating Officer where he was largely responsible for its rapid international expansion. As COO, then CEO since 1978, Mr. Rosinoer oversaw the transformation of Clarins into a huge player in cosmetics, skin care and fragrance, with annual sales of approximately 850 million Euro and more than 4,500 employees. He retired from active duty in May of 2000, but continues to serve on the board of directors of Clarins. Earlier in his career he was President of Parfums Corday. He also held senior level executive positions at Max Factor, where he had full supervision of that cosmetics company’s European production and sales. Mr. Rosinoer has served several terms as President of the French Prestige Cosmetics Association.

Basic Compensation

Options Compensation

Name Options Value

Jean Madar

260,000 1,666,170

Philippe Benacin

260,000 1,666,170

Russell Greenberg

107,500 652,457

Henry Clarke

0 0

Philippe Santi

1,500 10,294

Frederic Garcia-Pelayo

7,500 49,867

Axel Marot

0 0

Robert Bensoussan-Torres

0 0

Patrick Choel

0 0

Francois Heilbronn

0 0

Jean Levy

0 0

Serge Rosinoer

0 0
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