Colorescience Expands Executive Team

CARLSBAD, Calif., April 4, 2013 /PRNewswire/ -- Colorescience today announced the appointment of former SkinMedica CEO, Mary Fisher, who joins the brand in the same capacity. She will also serve on the Company's Board of Directors, which is chaired by David Hale of Hale BioPharma Ventures, LLC. Josie Juncal, Chief Commercial Officer for Colorescience, also formerly of SkinMedica, will remain in her current position. In addition, former SkinMedica Senior Vice President of Corporate Development, Ted Ebel, joins Colorescience as Chief Business Officer.

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"Josie has truly transformed this business over the past year," said Ms. Fisher. "Under her leadership, we have an impressive new management team, an expanded sales team, improved brand architecture, streamlined operations, and market-leading growth in our top brand, Sunforgettable. The opportunity to work with Josie and with Ted, who led the SkinMedica acquisition of Colorescience, is exciting, and I am confident that together we can establish Colorescience as a top brand in both makeup and sun protection."

"Colorescience was an acquisition priority for almost two years at SkinMedica. It was gratifying to lead the acquisition, and it is rewarding to join the Colorescience team and contribute to the global opportunity we have always envisioned," said Ted Ebel.

"I'm delighted to welcome my former colleagues to Colorescience," said Josie Juncal. "I look forward to further leveraging our proven strategies and tactics to grow the business, building on a platform of makeup that is good for the skin, unparalleled sun protection and a partnering approach that delights our customers."

Colorescience is best known for its hero collection, Sunforgettable^®, the only line on the market to include an SPF 50 mineral sunscreen. Colorescience continues to gain momentum as makeup that does more with its unique Core Four (a 4-step regimen to treat and camouflage skin concerns as well as offer sun protection), new Mineral Eye Shadow Palettes in four color collections, new SPF 35 lip products with color, and new, multi-modal, buildable Mascara that conditions lashes while providing a fuller lash appearance. There is no other brand on the market that has as many Active and Daily Skin Cancer Foundation Seals of Approval as the Colorescience brand offerings.

In 2012, new Colorescience management appointments included accomplished veterans of cosmetics and life sciences, including:

Patricia Boland, Director of Product Development and Ideation, who brings a decade of development and marketing expertise in the beauty and cosmetic industry. She is former Chief Beauty Director and infomercial presence at Laura Mercier.
David Crist, Executive Director, Finance, and Controller, with more than 20 years experience in finance and accounting. He has held leadership positions at both retail and health care companies, such as Solatube and Innercool.
Torie Hardee, National Sales Director, an almost 20 year veteran of the cosmetic and health care industries, formerly National Director of Sales and Infomercial lead at Valeant Pharmaceuticals, with earlier career experience at Estee Lauder.
Lindsey Vanderbilt, Director of Marketing, with more than 12 years experience in brand management and marketing in the cosmetics industry, including leadership positions at Avon, Coty and Beaute Prestige.

Ms. Fisher has more than 25 years experience in the pharmaceutical and biotechnology industries. Prior to SkinMedica, she was Chief Operating Officer of Acorda Therapeutics with responsibility for corporate strategy and business development, sales and marketing, and manufacturing. Previously, she was VP, Strategic Healthcare and Commercial Operations for Cephalon, with responsibility for global commercial operations. Earlier, she was at Immunex and Boehringer Ingelheim. She is a member of the Board of aesthetics firm, Zeltiq^® (NASDAQ: ZLTQ), and a Trustee of the Board of the Neuroscience Nursing Foundation.

Prior to joining SkinMedica, Mr. Ebel held senior management positions in Corporate Development and Strategy at CancerVax Corporation, where he was responsible for mergers and acquisitions, in-licensing and out-licensing activities. Prior to CancerVax, Mr. Ebel was Vice President, Strategic Ventures at MP3.com. In addition, he has held management positions at Amgen in Marketing and Corporate Development as well as served as a Management Consultant at Arthur D. Little, Inc. He received a Bachelor of Arts in Public Policy Studies from Duke University, where he graduated Magna Cum Laude. He received his MBA from the Wharton School, at the University of Pennsylvania.

Ms. Juncal took the lead at Colorescience following its acquisition by SkinMedica and has had leadership responsibility for the entire operation. At SkinMedica, she had multiple leadership roles in product development, product planning, marketing and international business. She led the educational and PR platforms that contributed significantly to driving growth. Prior to SkinMedica, Ms. Juncal held sales and marketing positions at Cosmederm Bioscience and Instead, rounding out almost 15 years experience in women's health and aesthetics. She received her Bachelor of Arts in Psychology from UC Irvine and has a Masters degree in Industrial Organizational Psychology from Elmhurst College.

SkinMedica was ranked the "fastest growing professional skin care brand in the US" for six consecutive years, and was acquired by Allergan in 2012 for $350 million up-front plus an additional $25 million contingent upon a sales milestone.

About Colorescience

Experience makeup that does more. Colorescience's high-performance mineral-based cosmetics were created to remedy and camouflage specific skin concerns and protect skin from the damaging effects of the sun and environment. Its dermatologist recommended formulations with SPF 20, 30 and 50 blend and layer together to achieve an instant and easy flawless face.

About Sunforgettable

Sunforgettable mineral sun protection products are comprised of highly refined minerals, which offer you a high level of Broad Spectrum UVA/UVB sun protection, SPF 30 and 50. Sunforgettable products are easy to apply and – as important – reapply throughout the day helping to protect against the sun's harmful rays and diminish the signs of aging. Sunforgettable makes it easy to follow Dermatologists' advice to apply sun protection every morning, every 80 minutes, every day.