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Securities and Exchange Commission
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 22, 1997
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RENAISSANCE COSMETICS, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 33-87280 06-1396287
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(State or Other Juris- (Commission File (IRS Employer
diction of Incorporation) Number) Identification No.)
955 Massachusetts Avenue
Cambridge, Massachusetts 02139
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(Address of Principal (Zip Code)
Executive Offices)
(617) 497-5584
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS
On May 22, 1997, the Registrant issued the press release attached hereto as
Exhibit 99.1, which is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press release issued May 22, 1997 by the Registrant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RENAISSANCE COSMETICS, INC.
(Registrant)
/s/ John R. Jackson
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Date: May 22, 1997 By: John R. Jackson
Title: Group Vice President and
General Counsel
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For Immediate Release Contact: John Jackson 212-521-5916
New York, New York; May 22,1997. Norbert Becker, President and Chief
Operating Officer of Renaissance Cosmetics, Inc. issued a statement this
morning announcing that Dr. Thomas V. Bonoma, Chairman, Chief Executive
Officer and founder of Renaissance Cosmetics, died suddenly last evening, May
21, 1997.
Mr. Becker said, "We mourn the unexpected loss of our friend and Chairman,
whose vision and energy created Renaissance. The management team that Tom so
carefully assembled and empowered will continue to work to make his dreams a
reality."
Renaissance Cosmetics, Inc. was founded in June of 1994, inspired by Dr.
Bonoma's business philosophy based on the inherent strength of brand equity.
In less than three years, Dr. Bonoma's strategy of revitalizing
underperforming and undermarketed brands has enabled Renaissance to acquire
fragrance and cosmetics brands representing annualized net sales in excess of
$280 million. He carefully assembled a seasoned management team which has
made Renaissance a leader in the mass market artificial nail care and
fragrance categories.
William Kidd, who co-founded Renaissance Cosmetics with Dr. Bonoma and
represents the Company's largest shareholder, stated, "We are all grateful
for the opportunity to have known and worked with Tom Bonoma, who was a true
visionary and one of the most talented businessmen I've ever known. It is a
tribute to his management skill and foresight that he assembled a management
team that is one of the strongest in the industry and, with them, built a
business platform that is well on its way to being a dominant player in the
mass market fragrance and cosmetics arena."
Mr. Kidd continued, "Tom Bonoma was an extraordinary man who created a
powerfully focused management culture and business strategy at Renaissance
Cosmetics. I will work with and fully support Norbert Becker and the rest of
the Renaissance team as they continue to enhance the success that they've
already achieved. I have every confidence that Renaissance Cosmetics will be
a shining legacy to Tom Bonoma's business philosophies and vision."
Dr. Bonoma is survived by his wife Elaine and their sons Thomas, Matthew,
Benjamin and Jonathan.