Former Exec of The Walt Disney Company Brings Expertise in Cultivating Dynamic Global Markets
WESTFORD, Mass., Sept. 10, 2020 /PRNewswire/ -- Cynosure announced today that Anne Gates, former President at MGA Entertainment, the world's largest private toy company, and Executive Vice President and CFO of The Walt Disney Company's Consumer Products Division, has been appointed to its board of directors and will chair the company's audit committee.
"Anne brings with her a wealth of knowledge in the global business arena," said Todd Tillemans, Chief Executive Officer of Cynosure. "We're thrilled to have the opportunity to leverage her awareness of the complexities of global brand development to help expand Cynosure's footprint even further."
Prior to her time at MGA Entertainment where she was responsible for strategy, operations and the global profit and loss, balance sheet and cash flow of the company, Ms. Gates held multiple roles of increasing responsibility during her 20+ year tenure at The Walt Disney Company. Before rising to Executive Vice President and CFO, she was the Managing Director for Disney Consumer Products Europe and Emerging Markets based in London. She also worked for PepsiCo, Inc. in both the U.S. and Europe, Bear Stearns & Company, Inc., AT&T and Bell Labs. Ms. Gates has earned many accolades as well, including being named to the Power List of Britain's 100 most influential Black people in 2010.
"I am extremely honored to be joining the board of a company so wholly focused on bringing real solutions to people of all skin types and tones, all over the world," said Ms. Gates. "With a robust pipeline of innovative treatments, I look forward to contributing to the continued success of the Cynosure brand as it reaches new consumer markets across the globe."
"The Cynosure Board of Directors has gained a true asset in Anne and we welcome her seasoned leadership," said Sandi Peterson, Chairman of Cynosure and Clayton, Dubilier & Rice Operating Partner. "With her extensive breadth of experience in finance, business planning, consumer marketing and M&A, we are confident she will make a strong contribution to Cynosure's growth moving forward."
Ms. Gates holds a bachelor's degree from The University of California, Berkeley and a master's degree from Columbia University. She currently serves as the Chair of the Audit Committee on The Kroger Company Board of Directors, Chairman of the Audit Committee on the Tapestry Inc. Board of Directors and serves on the Audit and Risk Committee of the Raymond James Financial Inc. Board of Directors.
With the addition of Ms. Gates, Cynosure has further expanded the diversity of thought on its board to now include Black and Latinx business leaders, as well as 42 percent of the company's board seats being held by women.
About Cynosure Cynosure is the global leader in medical aesthetics and develops, manufactures and markets aesthetic treatment systems that enable plastic surgeons, dermatologists and other medical practitioners to perform non-invasive and minimally invasive procedures for skin revitalization, hair removal, body contouring, women's health, treat vascular and benign pigmented lesions, remove multi-colored tattoos, reduce fat through laser lipolysis, reduce cellulite, clear nails infected by toe fungus and ablate sweat glands. Cynosure's product portfolio is composed of a broad range of energy sources including Alexandrite, diode, Nd: YAG, picosecond, pulse dye, Q-switched lasers, intense pulsed light and RF technology. Cynosure sells its products globally under the Cynosure, Palomar, ConBio and Ellman brand names through a direct sales force in the United States, Canada, France, Morocco, Germany, Spain, the United Kingdom, Australia, China, Japan and Korea, and through international distributors in approximately 130 other countries. For corporate or product information, visit Cynosure's website at www.cynosure.com.