Conair Corporation

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This article is about the company. For other uses, see Conair (disambiguation).
Conair Corporation
Type Private
Industry Appliances, personal care
Founded 1959
Headquarters East Windsor, New Jersey, USA
Key people Leandro P. Rizzuto (CEO), Barry Haber (President), Patrick P. Yannotta (CFO) [1]
Products Small Appliances, personal care
Revenue $2 billion (2010) [2]
Net income unknown
Employees 4000 (2010) [2]
Subsidiaries Cuisinart, Waring Products, Pollenex
Website www.conair.com

Conair Corporation is a US-based multinational corporation which sells small appliances, personal care products, and health and beauty products for both professionals and consumers. It was founded in 1959 and has since expanded to include ten product divisions.[3]

History[edit]

Leandro P. Rizzuto "founded Conair in 1959 in his parents' garage in Queens".[4] Conair began by selling hair rollers and then hair dryers. Conair became a public company in 1972, but went private again after a leveraged buyout in 1985.[5]

Rizzuto pleaded guilty in 2002 to tax evasion associated with his tenure as chief executive officer of Conair. Rizzuto was sentenced to a prison term of 20 to 37 months, and he and Conair paid millions to cover their tax liabilities.[6]

Conair acquired Cuisinart in 1989, Waring Products in 1998, and bag manufacturer Allegro in 2007.[7] Pollenex was acquired after Jarden acquired Holmes in 2005, and was rebranded as Conair Home in 2013.

Brands[edit]

Brands by division include:[3]

The Personal Care Division[edit]

  • Conair Home
  • Interplak
  • Travel Smart by Conair
  • Allegro

The Hair Goods Division[edit]

  • Scünci

The Professional Products Division[edit]

  • Rusk
  • BaBylissPRO
  • Satin Smooth
  • One 'n Only
  • ConairPRO Pet

The Conair Packaging Company[edit]

Conair Appliance Manufacturing[edit]

  • Conair
  • Hair care appliances for all brands

Subsidiaries[edit]

Former[edit]

  • Pollenex - rebranded as Conair Home in 2013

International Operations[edit]

  • BaByliss
  • Tools of Sassoon

References[edit]

  1. ^ "Key Executives". Businessweek. Retrieved 2013-04-14. 
  2. ^ a b "Conair: improving work order collaboration to reduce cost". SAP. Retrieved 2013-04-14. 
  3. ^ a b "Corporate". Conair.com. Retrieved 2011-01-11. 
  4. ^ Elissa Gootman (2002-04-03). "Conair Founder and Executive Pleads Guilty to Tax Evasion in Federal Court". New York Times. Retrieved 2013-04-14. 
  5. ^ "Leandro Rizzuto". Forbes. March 2013. Retrieved 2013-04-14. 
  6. ^ Rosemary Schlank (2002-09-23). "Ex-CEO Gets Jail Time For Corporate Kickback Scheme". Accounting Web. Retrieved 2013-04-14. 
  7. ^ "Conair Corporation Acquires Allegro Manufacturing, Inc.". Appliance Magazine. 2007-09-19. Retrieved 2013-04-14. 

External links[edit]