Evolus, Inc. (NASDAQ: EOLS), a performance beauty company with a
focus on building an aesthetic portfolio of consumer brands, today
announced the appointment of Albert G. White III, President and
Chief Executive Officer of The Cooper Companies, Inc. to the Evolus
Board of Directors, effective July 1. Mr. White will also serve as
a member of Evolus’ Compensation Committee.
“We are pleased to welcome Al White to the Evolus Board,” said
Vik Malik, Chairman of the Board of Directors. “Al’s extensive
leadership experience, industry knowledge, and proven track record
of building a leading medical technology company will be a valuable
resource as Evolus embarks on a path from a single-product
aesthetics company to a multi-product performance beauty innovator.
His expertise will help Evolus further its strategy and aid in our
focus on delivering long-term shareholder value.”
Mr. White commented, “I am honored to join the Evolus Board of
Directors at such a pivotal moment in the company’s history. The
company’s flagship product, Jeuveau®, together with its millennial
consumer focus and direct-to-consumer digital strategy, is gaining
significant traction in the medical aesthetics industry, and its
pipeline of filler products will complement the neurotoxin
offering.”
Mr. White has served as President & Chief Executive Officer
of The Cooper Companies, Inc., branded CooperCompanies (NASDAQ:
COO), a leading global medical device company in contact lenses,
fertility, and women’s health, since May 2018. Previously, he
served as Chief Financial Officer from November 2016 until his
appointment as CEO and he also served as Executive Vice President
and Chief Strategy Officer, positions he held from December 2015
and July 2011, respectively. From August 2015 to May 2018, Mr.
White also directed The Cooper Companies, Inc. women’s healthcare
business and served as Chief Executive Officer of Cooper Medical
Inc., the parent company to CooperSurgical. Previously, he served
as Vice President, Investor Relations from November 2007 through
March 2013 and as Vice President and Treasurer from April 2006
through December 2012. Prior to joining The Cooper Companies, Inc.,
Mr. White was a Director with KeyBanc Capital Markets for three
years and held a number of leadership positions within KeyBank
National Association over the prior eight years.
Following these changes, Evolus’ Board of Directors will be
composed of seven directors, six of whom are independent.
About Evolus, Inc.
Evolus (NASDAQ: EOLS) is a global performance beauty company
evolving the aesthetic neurotoxin market for the next generation of
beauty consumers through its unique, customer-centric business
model and innovative digital platform. Our mission is to become a
global, multi-product aesthetics company based on our flagship
product, Jeuveau® (prabotulinumtoxinA-xvfs), the first and only
neurotoxin dedicated exclusively to aesthetics and manufactured in
a state-of-the-art facility using Hi-Pure™ technology. Evolus is
expanding its product portfolio having entered into a definitive
agreement to be the exclusive U.S. distributor of Evolysse™, and
the exclusive distributor in Europe of Estyme®, a line of unique
dermal fillers currently in late-stage development. Visit us
at www.evolus.com, and follow us on
LinkedIn, X, Instagram or Facebook.
Forward-Looking Statements
This press release contains forward-looking statements as
defined under the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties, including statements about
future events, our business, financial condition, results of
operations and prospects, our industry and the regulatory
environment in which we operate. Any statements contained herein
that are not statements of historical or current facts are
forward-looking statements. In some cases, you can identify
forward-looking statements by terms such as “anticipate,”
“believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,”
“potential,” “predict,” “project,” “should,” “will,” “would” or the
negative of those terms, or other comparable terms intended to
identify statements about the future. The company’s forward-looking
statements include, but are not limited to, statements related to
anticipated product launches; market size, conditions and consumer
demand; and the timing of regulatory submissions and approvals.
The forward-looking statements included herein are based on our
current expectations, assumptions, estimates and projections, which
we believe to be reasonable, and are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by the forward-looking statements.
These risks and uncertainties, all of which are difficult or
impossible to predict accurately and many of which are beyond our
control, include, but are not limited to, uncertainties associated
with our ability to comply with the terms and conditions in the
Medytox Settlement Agreements, our ability to fund our future
operations or obtain financing to fund our operations, unfavorable
global economic conditions and the impact on consumer discretionary
spending, uncertainties related to customer and consumer adoption
of Jeuveau® and Evolysse™, the efficiency and operability of our
digital platform, competition and market dynamics, our ability to
successfully launch and commercialize our products in new markets,
including the Evolysse™ dermal filler product line in the U.S., our
ability to maintain regulatory approvals of Jeuveau® or obtain
regulatory approvals for new product candidates or indications, our
reliance on Symatese to achieve regulatory approval for the
Evolysse™ dermal filler product line in the U.S., and other risks
described in our filings with the Securities and Exchange
Commission, including in the section entitled “Risk Factors” in our
Annual Report on Form 10-K Form and our Quarterly Report on Form
10-Q for the quarter ended March 31, 2024 filed with the Securities
and Exchange Commission on May 7, 2024. These filings can be
accessed online at www.sec.gov. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date hereof. Except as required by law, we undertake
no obligation to update or revise any forward-looking statements to
reflect new information, changed circumstances or unanticipated
events. If we do update or revise one or more of these statements,
investors and others should not conclude that we will make
additional updates or corrections.
Jeuveau® and Nuceiva®, are registered trademarks and Evolysse™
is a trademark of Evolus, Inc. Hi-Pure™ is a trademark of Daewoong
Pharmaceutical Co, Ltd. Estyme® is a trademark of Symatese
Aesthetics S.A.S.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701537744/en/
Investors: Nareg Sagherian Vice
President, Head of Global Investor Relations and Corporate
Communications Tel: 248-202-9267 Email: ir@evolus.com
Media: Email: media@evolus.com
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