Ohio company, Procter & Gamble hosted a hair donation event in support of the Pantene Beautiful Lengths program, and in partnership with The Children’s Theatre of Cincinnati’s March 2012 production of “Rapunzel! Rapunzel! A Very Hairy Fairy Tale.” More than 120 P&G employees, their family and friends and local community members gathered at the P&G Corporate Headquarters to each donate their hair to benefit the program.

Pantene Celebrity Hair Stylist Tippi Shorter was joined by 30 local hair stylists and characters from the Rapunzel production to volunteer their time to help cut the ponytails that were donated to the Pantene Beautiful Lengths program. In addition to the hair cutting, representatives from the American Cancer Society spoke at yesterday’s event to share their appreciation for the program and those who donate their hair. Previous ponytail donor, Siena Potorski, also spoke at the event. Siena, who has a brittle bone disorder expressed her desire to give back by donating her hair to help others with cancer, just as others have supported her as she struggles with her disease. The master of ceremonies for the event was Kevin Crociata, Marketing Director of North American Hair Care at Procter & Gamble.

“We are continually impressed by the dedication people nationwide have shown to the Pantene Beautiful Lengths program year after year. Pantene believed that its partnership with The Children’s Theatre of Cincinnati would be the perfect opportunity to host its second hair cutting event, allowing the P&G Family and the Cincinnati community to cut and donate their hair to the program,” says Crociata. “The people who donated their hair yesterday are such an inspiration, and their selfless donations are truly going to make a difference to cancer patients. We could not thank these amazing men, women and children enough.”

Created in 2006, Pantene Beautiful Lengths inspires people to grow, cut and donate their healthy hair to create free, real-hair wigs for women who have lost their hair due to cancer treatments. To date, Pantene Beautiful Lengths has received more than 311,000 hair donations from generous men, women, and children. The American Cancer Society distributes the wigs through their nationwide network of wig banks at no cost. Since the start of the program, more than 18,000 real-hair wigs have been provided to female cancer patients.

This event kicked-off the countdown to the first ever “National Donate Your Hair Day” on April 27, benefiting the Pantene Beautiful Lengths program. Pantene and Seventeen Magazine have partnered to create this annual day of giving where people nationwide are encouraged to cut and donate their hair.

The requirements to donate hair to Pantene Beautiful Lengths are:

1. Each hair donation must be at least 8 inches long.
2. Hair may be colored with vegetable dyes, rinses and semi-permanent dyes. It cannot be bleached, permanently colored or chemically treated.
3. Gray hair is difficult to use in the wig-making process, so hair may not be more than 5% gray at the time of donation.

Popularity: 3% [?]

Cheviot Financial Corp., the stock holding company for Cheviot Savings Bank, announced that Cheviot Financial Corp., a Maryland company, which is the proposed successor stock holding company for Cheviot Savings Bank in connection with the mutual-to-stock conversion of Cheviot Mutual Holding Company, expects to sell 4,675,000 shares of common stock.

The shares are to be sold at $8.00 per share, grossing $37.4 million. Orders for a total of 2,489,488 shares of common stock have been accepted in the syndicated community offering, for which Stifel, Nicolaus & Company, Incorporated acted as sole book-running manager. New Cheviot received orders for 2,185,512 shares of common stock in the subscription and community offerings, for which Stifel, Nicolaus & Company, Incorporated acted as selling agent.

All orders properly executed in the subscription and community offerings will be filled in whole, including the order by New Cheviot’s employee stock ownership plan.

At the same time, shares of Cheviot Federal common stock owned by the public will be exchanged for shares of New Cheviot common stock so that Cheviot Federal’s existing stockholders will own approximately the same percentage of New Cheviot’s common stock as they owned of Cheviot Federal’s common stock immediately prior to the conversion.

This means stockholders of Cheviot Federal will receive 0.8570 shares of New Cheviot’s common stock for each share of Cheviot Federal common stock they own immediately prior to completion of the transaction. Cash in lieu of fractional shares will be paid at a rate of $8.00 per share. As a result of the offering and the exchange of shares, New Cheviot will have approximately 7,596,896 shares outstanding after giving effect to the transaction.

Subject to the receipt of final regulatory approvals, the transaction is scheduled to close on January 18, 2012, at which time Cheviot Mutual Holding Company and Cheviot Federal will cease to exist and New Cheviot will become the fully public stock holding company of Cheviot Savings Bank. The shares of common stock of Cheviot Federal will cease trading under the trading symbol “CHEV” on the Nasdaq Capital Market at the close of business on January 17, 2012. The shares of common stock sold in the offering and issued in the exchange are expected to begin trading on the Nasdaq Capital Market on January 18, 2012 under the trading symbol “CHEVD” for a period of 20 trading days and will thereafter trade under “CHEV.”

Stock certificates for shares purchased in the subscription offering and community offering are expected to be mailed to subscribers on or about January 18, 2012. Stockholders of Cheviot Federal holding shares in street name will automatically receive shares of New Cheviot and cash in lieu of fractional shares within their investment accounts. Stockholders of Cheviot Federal holding shares in certificated form will be mailed a letter of transmittal on or about January 23, 2012 and will receive stock certificates for their shares of New Cheviot common stock and a check representing cash in lieu of fractional shares after submitting their Cheviot Federal stock certificates and a properly completed letter of transmittal to New Cheviot’s transfer agent.

Popularity: 5% [?]

The Council of Smaller Enterprises, one of Ohio’s largest small business support organizations, will hold its 2011 Annual Meeting on Wednesday, January 18, from 4 to 8 p.m. at the State Theatre at Playhouse Square in downtown Cleveland.

The organization will transition from outgoing Board Chair Eric Tolbert of Eric Tolbert & Associates to new Board Chair, Sharon Toerek of Licata and Toerek.

At the meeting, the small business members who volunteered their time through the recent Strategic Planning Process, and attended the first Small Business Summit held in February last year, will be recognized.

“COSE will be celebrating its 40th anniversary in 2012 and we have always been a member driven organization. That was never more evident than in 2011 and we want to thank all those small business members who help us lay the groundwork for the next 40 years of small business support from COSE.”

- Steve Millard, president and executive director

The organization relocated offices from The Higbee Building at Public Square to their new location at 1240 Huron Road on Star Plaza at Playhouse Square, in July last year, to be part of the Playhouse Square downtown neighborhood.

In addition to a brief Business Meeting, the event is a major networking opportunity, with 300-plus attendees, from 5 – 8 p.m. The cost for the Annual Meeting is $25 for members and $40 for nonmembers. For more information and to register, log on to www.cose.org/events and click on the Annual Meeting listing or call COSE Member Services at 216-592-2222.

Popularity: 5% [?]