CCA mourns unexpected death of CEO

EAST RUTHERFORD, N.J.  -- Health and beauty aid manufacturer, CCA industries announced that its president and CEO Dunnan Edell has died unexpectedly. 

The board of directors has asked David Edell , the former CEO and founder of the company, who retired at the end of 2011, to accept the position of CEO at this time. The board also has appointed Stephen Heit as president of the company in addition to his responsibilities as CFOr. Heit had previously served as president of AM Cosmetics, a consumer products company, and had experience calling on the same customers of CCA. Drew Edell has been appointed COO of the company. Drew Edell has also been appointed by the board of directors as a director of the company until the next annual meeting of the shareholders.

"I am very grateful that David Edell has agreed to accept the position of chief executive officer. This is a terrible time for David and his family, and I think it is admirable that despite his overwhelming grief over the sudden loss of his son he has agreed to help the company out, always keeping in mind the best interests of the shareholders," said Stanley Kreitman, chairman of the board. "We are also grateful that Stephen Heit has accepted the position of president. Steve's previous experience will provide important continuity with our customers and employees. We have a strong core of staff that will enable CCA to continue during this difficult time. Our thoughts and prayers are with Dunnan's family, his father David, his brother Drew and their families," continued Kreitman.



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