Nutrafol moves into ‘next chapter of growth’: Cindy Gustafsson becomes CEO, Giorgos Czetis assumes chairman role
Nutrafol is undergoing a leadership change as it enters its “next chapter of growth.” Founder Giorgos Tsetis, who has led the company since its inception in 2016, will become Chairman of Nutrafall and Strategic Advisor to Unilever Wellbeing from January 1, 2025. Cindy Gustafson, currently Nutrafall’s chief marketing officer, will succeed Mr. Tsetis. CEO.
Under Mr. Tsetis’ leadership, Nutrafall has redefined the field of hair wellness, eliminating the stigma of hair loss through a clinically-backed, whole-body approach. The brand has achieved impressive growth metrics since being acquired by Unilever in 2021 for approximately $1.2 billion, according to a press statement from the company.
In the past two years alone, Nutrafol has tripled its growth, with sales increasing 40% year-over-year (YoY) and profits increasing 70% in 2023. Consumer interest is also surging, as evidenced by a 76% year-over-year increase. Direct traffic to Nutrafol.com.
Cindy Gustafson brings extensive experience to her new role, including more than 20 years of marketing leadership for global brands, including a tenure as global CMO at WW International (formerly Weight Watchers). In this release, we reported that her leadership is poised to continue Nutrafall’s mission to provide innovative, holistic solutions for hair health.
Andrew Sternreich joins Kenvue to lead “strategic direction of the brand’s iconic portfolio”
Kenvue Inc. has named Andrew Sternreich president of Skin Health & Beauty for North America, Europe, the Middle East and Africa. In his new role, Mr. Stanreich will oversee the strategic direction of Kenvue’s well-known brands, including Neutrogena, Aveeno and OGX, in these important markets.
“Andrew brings a proven track record of success and deep industry knowledge to strengthen the growth trajectory of our Skin Health & Beauty division in key markets,” Charmaine England, chief growth officer at Kenvue, said in a media statement. “I will.”
Stanreck expressed his enthusiasm for his new role, saying, “I look forward to helping these brands reach more consumers in new ways in 2025 and beyond.”
Stanleick joins Kenvue with more than 20 years of experience driving profitable growth and transformation in the beauty and skin health space. Most recently, he served as President and CEO of BeautyHealth Company, where he led the company to profitability within a year, achieved over 50% revenue growth, and expanded its global presence.
Previous roles include executive roles at Coty, Coach Inc., Unilever and L’Oréal, where he led successful brand turnarounds and category innovations.
Viral skincare brand Dew hires Ryan Scott as CEO to ‘challenge beauty industry norms’ and drive growth
In October 2024, Dew appointed Ryan Scott as its new Chief Executive Officer. Scott, who previously served as president and chief human resources officer at Tatcha, brings more than 20 years of beauty industry expertise to the role and, while staying true to its mission of innovation and accountability, leads Dieux. Guide you to the next stage of growth.
“Ryan’s deep understanding of cross-functional collaboration between innovation, commercial and creative teams is a perfect fit as we move into our next chapter of growth,” said Charlotte Palermino, co-founder of Dew. said in a media statement. As a result of his new appointment, Palermino has moved into the role of Chief Brand Officer.
Under Scott’s leadership, the brand plans to grow its business while fostering community engagement and maintaining strong emotional connections with consumers.
Scott’s approach emphasizes innovation as the primary driver of product development, with commercial considerations as a complementary element. “This approach helps us create and stay ahead of trends, rather than simply reacting to them,” Scott said in the company’s press release.
Co-founder Joyce de Lemos echoed Palermino’s excitement about Scott’s appointment in the same release, saying they share a common goal of combining science and creativity to grow the brand and introduce cutting-edge skin care solutions. emphasized the vision of
IFF Names Michael DeVoe Chief Financial Officer: “I couldn’t be more excited to appoint Mike as our CFO,” said CEO Eric Fillwald.
IFF announced the appointment of Michael DeVoe as Executive Vice President and Chief Financial Officer, effective January 1, 2025. Mr. DeVoe has been with the company for 15 years, most recently serving as senior vice president of corporate finance and investor relations.
He will succeed current CFO Glenn Richter, who will retire at the end of 2024.
CEO Eric Fillwald expressed his strong confidence in DeVoe in a press release, saying, “I couldn’t be happier to appoint Mike as our CFO.” Mr. Fyrwald highlighted Mr. DeVeau’s leadership and experience, saying he has been a pivotal leader across IFF’s global financial function.
The firm confirmed that Mr. DeVoe’s appointment was based on a thorough evaluation process, and Mr. Philwald noted his decades of industry experience and strong relationships within the IFF and investment community.
Mr. DeVoe expressed his gratitude for the opportunity and said, “I am honored to take on the role of CFO and begin the next chapter of my career at IFF.” In the same media statement, he acknowledged Mr. Richter’s significant contributions and thanked him for improving IFF’s balance sheet and positioning the company for financial success.
DeVeau has held several senior positions during his time at IFF, including CFO of Fragrance and Chief Strategy Officer. He previously worked at PepsiCo and began his career as an equity research analyst at Citigroup Investment Research. DeVoe, who will be based in New York, will continue to be part of IFF’s executive leadership team.
ELC appoints Stéphane de la Faveri as president and CEO: “I am honored,” said de la Faveri.
The Estée Lauder Companies (ELC) has announced the appointment of Stéphane de la Faverie as its new President and CEO, effective January 1, 2025. De la Faveri, a 13-year veteran of the company, will replace Fabrizio Freda, who is retiring. After more than 16 years.
William P. Lauder will step down as chairman, but will remain chairman of the board.
De la Faverie brings more than 25 years of prestige beauty experience, driving growth and innovation for major brands such as Jo Malone London, The Ordinary and Le Labo. He also played a central role in the company’s profit recovery and growth plans.
“I am honored to drive this tradition of excellence and work with our amazing team to shape tomorrow’s beauty landscape,” de la Faverie said in a press statement about her new role. Ta.
In the same statement, company executives William P. Lauder and Fabrizio Frieda praised Mr. de la Faveri’s vision, collaborative leadership, and strategic acumen to lead the company through challenges. He emphasized his ability to position for sustainable growth.
L’Oréal USA appoints Dave Carsey as senior vice president of media: “I’m excited to support L’Oréal’s digital transformation,” said Carsey.
L’Oréal USA has named Dave Kersey as senior vice president of U.S. media, reporting to Han Wen, chief digital and marketing officer. Kersey brings more than 20 years of media and advertising expertise from leadership roles at organizations such as Disney and Intel, and agencies such as GSD&M, Dentsu, OMD Worldwide, and Horizon Media.
“We are pleased that Dave’s expertise and passion will undoubtedly support L’Oréal’s continued digital transformation,” Han Wen said in a statement.
Mr. Kersey’s extensive experience spans multiple industries and he is an active member of major agency councils including Magnite and LG Ad Solutions. A company press release confirmed that he will play a key role in driving L’Oréal’s efforts to lead digital innovation and create engaging consumer experiences.
TRI-K appoints two non-executive directors to board to bring ‘much-needed outside perspective’
TRI-K Industries, Inc. has appointed two new non-executive directors to its Board of Directors as part of its ongoing strategic repositioning. One of them is Fred Khoury, founder and president of Above Rinaldi Labs, and Kevin Gallagher, former leader of Croda Consumer Care.
CEO Rusmir Niksic expressed his enthusiasm about the appointment in a media statement, saying: external perspective. ” Niksic added that their insights will be crucial in refining TRI-K’s strategy, especially in innovation and portfolio diversification.
Mr. Corey, who has joined the board of directors, expressed excitement about the company’s strategic transformation. “This strategic shift reflects our strong dedication to innovation by embracing diverse perspectives,” he said in a company press statement.
Gallagher echoed that sentiment, emphasizing TRI-K’s commitment to sustainable innovation and the company’s goal to support beauty care prescribers. “By listening with empathy, embracing scientific curiosity, and pursuing excellence, we will enable them to overcome challenges and create successful, innovative consumer products.” “We aim to do so.”
