Former Neutrogena Chairman, Lloyd Cotsen, dies aged 88

Former Neutrogena Chairman, Lloyd Cotsen, dies aged 88

Former Neutrogena Chairman, Lloyd Cotsen, passed away at home in California last week aged 88, according to a report published by The Daily Mail.

Cotsen built Neutrogena – his father-in-law’s company – into a global brand before selling it to Johnson & Johnson in 1994 for US$924 million.

Cotsen, a passionate collector, devoted his portion of the proceeds to his hobby, donating several important collections to museums and libraries and funding a number of charitable causes, including his eponymous foundation, which provides teaching fellowships and grants to elementary schools in California.

 

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