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P&G's global beauty group president joins Corning board
CORNING, N.Y. — Procter & Gamble group president of global beauty Deborah Henretta has been appointed to Corning's board of directors.
Henretta will also serve on the board's audit and finance committees. She will hold office until Corning`s annual meeting of shareholders in the spring of 2014, at which time she will stand for election to a one-year term. Her appointment brings to 13 the number of directors in the specialty glass and ceramics provider’s board.
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HIT acquisition, Barbie sales dip affect Mattel’s Q2
EL SEGUNDO, Calif. — Mattel reported net income of $73.3 million for the second quarter ended June 30, a 23% decrease from $96.2 million for the same period last year.
The dip in profits reflects, in part, investments the company has made, such as its acquisition of HIT Entertainment, as it positions itself for future growth, according to chairman and CEO Bryan G. Stockton.