Financo founder Gilbert Harrison is joining the board of fragrance business Inter Parfums Inc.
Harrison, also the chairman emeritus of investment bank Financo, has more than 50 years of experience in corporate finance and M&A transactions. He founded Financo, which works on consumer M&A transactions, in 1971. Harrison served as the head of Lehman Brothers’ merchandising group and investment banking operating committee after the firm acquired Financo, and bought the firm back in 1989. Harrison retired as chairman of Financo in December 2017 and formed the Harrison Group, an advisory firm for merchandising and products companies.
Inter Parfums has made several fragrance acquisitions and, recently, bought the Guess fragrance license from Coty Inc.
“I, along with my fellow directors, welcome Gilbert as the newest member of our board,” said Jean Madar, chairman and chief executive officer of Inter Parfums. “Gilbert possesses a tremendous depth and breadth of knowledge about the merchandising and consumer industry, and he has a long track record of facilitating value creating transactions for companies in this sector. We are excited that he has agreed to join our board and share his knowledge, insights and perspective for the benefit of Inter Parfums’ shareholders.”