Revlon Names New President and Chief Executive Officer

By: Nov. 01, 2013
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Revlon, Inc. announced that its Board of Directors elected Lorenzo Delpani as Revlon's President and Chief Executive Officer, effective November 1, 2013. Mr. Delpani replaces David Kennedy, who served briefly as Revlon's Interim Chief Executive Officer and who will continue to serve as Revlon's Vice Chairman. Mr. Delpani was also appointed to serve as a member of Revlon's Board of Directors, as well as the Board of Revlon's wholly owned operating subsidiary, Revlon Consumer Products Corporation.

Prior to joining the Company as part of its recent acquisition of The Colomer Group ("TCG"), Mr. Delpani served as TCG's Chief Executive Officer since May 2007. Before he joined TCG, Mr. Delpani served in senior executive positions at Reckitt Benckiser plc, including responsibility for South Western Europe and for new product initiatives and e-business. Prior to Reckitt Benckiser, Mr. Delpani held senior marketing and executive positions of increasing scope and responsibility with Johnson & Johnson and The Procter & Gamble Company.

Commenting on today's announcement, Mr. Kennedy said, "The acquisition of The Colomer Group represents a significant, strategic step forward for Revlon, and this leadership transition ensures that we have highly capable executives to continue to lead the combined Company. Lorenzo has demonstrated success in leading companies to achieve breakthrough innovations, in reshaping business processes to drive growth and profitability, and in successfully leading complex and geographically diverse organizations. I am highly confident that Lorenzo will bring exemplary and visionary leadership and tremendous passion and focus on ensuring the success of the combined Revlon business."

Revlon Chairman Ronald O. Perelman said, "I want to welcome Lorenzo to his new role as Revlon's President and CEO. Lorenzo has the depth and breadth of strategic, marketing, sales, financial and operational leadership experience to successfully lead and transform the combined Revlon company at this time of extraordinary opportunity and will bring a vision and talent for innovation across all areas of the Company's business."

About Revlon

Revlon is a global color cosmetics, hair color, beauty tools, fragrances, skincare, anti-perspirant deodorants and beauty care products company whose vision is Glamour, Excitement and Innovation through high-quality products at affordable prices. Revlon is one of the strongest consumer brand franchises in the world. Revlon's global brand portfolio includes Revlon color cosmetics, Almay color cosmetics, SinfulColors color cosmetics, Pure Ice color cosmetics, Revlon ColorSilk hair color, Revlon beauty tools, Charlie fragrances, Mitchum anti-perspirant deodorants, and Ultima II and Gatineau skincare. As a result of its acquisition of The Colomer Group in October 2013, Revlon's global portfolio also includes: Revlon Professional, Intercosmo, Orofluido and UniqOne hair care; CND, CND Shellac and CND Vinylux nail polishes; and American Crew men's hair care. Websites featuring current product and promotional information can be reached at www.revlon.com, www.almay.com, www.mitchum.com, and www.thecolomergroup.com. Corporate and investor relations information can be accessed at www.revloninc.com.




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