Nutrafol strikes into ‘subsequent chapter of progress’: Giorgos Tsetis steps into Chairman position as Cindy Gustafson turns into CEO
Nutrafol is present process a management transition because it enters its “subsequent chapter of progress.” Founder Giorgos Tsetis, who has led the corporate since its inception in 2016, will step into the position of Nutrafol Chairman and Strategic Advisor to Unilever Wellbeing beginning January 1, 2025. Cindy Gustafson, presently serving as Nutrafol’s Chief Advertising Officer, will succeed Tsetis as CEO.
Beneath Tsetis’ management, Nutrafol has redefined the hair wellness area, destigmatizing hair thinning by way of a clinically-backed, whole-body strategy. In line with the corporate’s press announcement, the model has achieved exceptional progress metrics since its acquisition by Unilever for about $1.2 billion in 2021.
Previously two years alone, Nutrafol has tripled its progress, with 2023 displaying 40% year-over-year (YoY) income will increase and a 70% improve in revenue {dollars}, and shopper curiosity has surged, evidenced by a 76% YoY rise in direct visitors to Nutrafol.com.
Cindy Gustafson brings intensive expertise to her new position, together with over 20 years of promoting management for world manufacturers, similar to her tenure as World CMO at WW Worldwide (previously Weight Watchers). The discharge reported that her management is poised to proceed Nutrafol’s mission of offering modern, holistic options for hair well being.
Andrew Stanleick joins Kenvue to steer ‘strategic route of iconic portfolio of manufacturers’
Kenvue Inc. has appointed Andrew Stanleick as President of Pores and skin Well being & Magnificence for North America, Europe, the Center East, and Africa. In his new position, Stanleick will oversee the strategic route of Kenvue’s famend manufacturers, together with Neutrogena, Aveeno, and OGX, in these crucial markets.
“Andrew brings a confirmed observe document of success and deep business information to strengthen the expansion trajectory of our Pores and skin Well being & Magnificence phase in key markets,” stated Charmaine England, Chief Development Officer at Kenvue, in a media assertion.
Stanleick expressed enthusiasm for his new position, stating, “I stay up for serving to these manufacturers attain extra customers in new methods in 2025 and past.”
Stanleick joins Kenvue with greater than 20 years of expertise driving worthwhile progress and transformation within the magnificence and pores and skin well being sectors. Most lately, he served as President and CEO of BeautyHealth Firm, the place he led the corporate to profitability inside a yr, reaching over 50% income progress and increasing its world presence.
His earlier roles embody govt management at Coty, Coach Inc., Unilever, and L’Oréal, the place he spearheaded profitable model turnarounds and class improvements.
Viral skincare model Dieux welcomes Ryan Scott as CEO to ‘problem the sweetness business’s norms’ and drive progress
In October 2024, Dieux appointed Ryan Scott as its new Chief Government Officer. Scott, previously the President and Chief Folks Officer at Tatcha, brings over 20 years of magnificence business experience to his position to information Dieux’s subsequent section of progress whereas staying true to its mission of innovation and accountability.
“Ryan’s deep understanding of cross-functional collaboration between innovation, industrial, and inventive groups is an ideal match as we transfer into our subsequent chapter of progress,” stated Dieux co-founder Charlotte Palermino in a media assertion. On account of the brand new appointment, Palermino has since transitioned to the position of Chief Model Officer.
Beneath Scott’s management, the model plans to scale operations whereas fostering neighborhood engagement and sustaining its robust emotional reference to customers.
Scott’s strategy emphasizes innovation as the first driver of product improvement, with industrial issues as a complementary issue. “This strategy will assist us keep forward of developments, creating them reasonably than merely reacting to them,” Scott famous within the firm’s press announcement.
Co-founder Joyce de Lemos echoed Palermino’s pleasure for Scott’s appointment in the identical launch, highlighting the shared imaginative and prescient of mixing science and creativity to develop the model and introduce cutting-edge skincare options.
IFF appoints Michael DeVeau as Chief Monetary Officer: ‘We couldn’t be extra happy than naming Mike as our CFO,’ stated CEO Erik Fyrwald
IFF has introduced the appointment of Michael DeVeau as Government Vice President and Chief Monetary Officer, efficient January 1, 2025. DeVeau, who has been with the corporate for 15 years, most lately served as Senior Vice President of Company Finance and Investor Relations.
He succeeds Glenn Richter, the present CFO, who will retire on the finish of 2024.
CEO Erik Fyrwald expressed robust confidence in DeVeau in an organization press launch, saying, “We couldn’t be extra happy than naming Mike as our CFO.” Fyrwald highlighted DeVeau’s management and expertise, stating that he has been a pivotal chief throughout IFF’s world finance features.
The corporate confirmed that DeVeau’s appointment follows a radical analysis course of, with Fyrwald noting his a long time of business expertise and robust relationships inside IFF and the funding neighborhood.
DeVeau shared his gratitude for the chance, stating, “I’m honored to imagine the CFO position and start the subsequent chapter of my IFF profession.” In the identical media assertion, he acknowledged Richter’s important contributions, thanking him for enhancing IFF’s steadiness sheet and positioning the corporate for monetary success.
DeVeau has held a number of senior roles all through his tenure at IFF, together with Divisional CFO for Scent and Chief Technique Officer. He beforehand labored at PepsiCo and started his profession as an fairness analysis analyst at Citigroup Funding Analysis. Based mostly in New York, DeVeau will stay a part of IFF’s Government Management Crew.
ELC appoints Stéphane de La Faverie as President and CEO: ‘It’s an honor,’ stated de La Faverie
The Estée Lauder Firms Inc. (ELC) has introduced the appointment of Stéphane de La Faverie as its new President and CEO, efficient January 1, 2025. De La Faverie, a 13-year veteran of the corporate, will succeed Fabrizio Freda, retiring after over 16 years.
William P. Lauder will step down as Government Chairman however stay Chair of the Board.
De La Faverie brings over 25 years of status magnificence expertise, having pushed progress and innovation throughout main manufacturers like Jo Malone London, The Abnormal, and Le Labo. He additionally performed a pivotal position within the firm’s Revenue Restoration and Development Plan.
On his new position, de La Faverie remarked in a press assertion, “It’s an honor to advance this legacy of excellence and work alongside our unbelievable groups to form the sweetness panorama of tomorrow.”
In the identical assertion, firm executives William P. Lauder and Fabrizio Freda praised de La Faverie’s imaginative and prescient, collaborative management, and strategic perception, emphasizing his potential to navigate challenges and place the corporate for sustainable progress.
L’Oréal USA names Dave Kersey as Senior Vice President of Media: ‘Excited to help L’Oréal’s digital transformation,’ stated Kersey
L’Oréal USA has named Dave Kersey as Senior Vice President of Media within the US, reporting to Han Wen, Chief Digital & Advertising Officer. Kersey brings over 20 years of media and promoting experience from main roles at organizations similar to Disney and Intel and companies together with GSD&M, Dentsu, OMD Worldwide, and Horizon Media.
“We’re thrilled to welcome Dave, whose experience and keenness will undoubtedly help L’Oréal’s continued digital transformation,” stated Han Wen in an announcement.
Kersey’s intensive expertise spans a number of industries, and he’s an lively member of key company councils, together with Magnite and LG Advert Options. The corporate’s press launch confirmed that he will probably be essential in advancing L’Oréal USA’s efforts to steer digital innovation and create partaking shopper experiences.
TRI-Ok names two Non-Government Administrators to firm board to deliver ‘much-needed exterior perspective’
TRI-Ok Industries, Inc. has appointed two new non-executive administrators to its Board as a part of its ongoing strategic repositioning: Fred Khoury, founder and President of Above Rinaldi Labs, and Kevin Gallagher, former chief of Croda Client Care.
CEO Rusmir Niksic expressed enthusiasm concerning the appointments in a media assertion: “As we catalyze our efforts to assert TRI-Ok as a companion of alternative for uplifting and differentiating magnificence manufacturers around the globe, we anticipate Fred and Kevin to deliver the much-needed exterior perspective.” Niksic added that their insights can be essential in refining TRI-Ok’s technique, notably in innovation and portfolio diversification.
Khoury, who joined the Board, shared his pleasure concerning the firm’s strategic shift. Within the firm’s press announcement, he defined that “this strategic shift displays a robust dedication to innovation by embracing numerous views.”
Gallagher echoed the sentiment, emphasizing TRI-Ok’s dedication to sustainable innovation and its purpose to help magnificence care formulators. He famous, “By listening with empathy, embracing scientific curiosity, and striving for excellence, we purpose to empower them to beat challenges and create profitable, modern shopper merchandise.”
