PERELMAN GETS CHAIR AT REVLON AS LEVIN JOINS SUNBEAM AS CEO

NEW YORK — Ronald O. Perelman, 83 percent shareholder of Revlon Inc., has been reelected chairman of the company’s board, succeeding Jerry W. Levin, who remains a director.
Levin has been named chief executive officer of Sunbeam Corp., a company in which Perelman’s MacAndrews & Forbes Holdings Inc. has a significant share. Levin will continue as executive vice president of MacAndrews & Forbes.
Perelman was Revlon’s chairman from 1986 to 1995. He then assumed the chairmanship of the executive committee and Levin took the board chairman’s seat.
George Fellows continues as Revlon president and ceo.

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