She will be succeeded as chief executive officer by Amanda Baldwin in early 2024.
executive will be succeeded by Amanda Baldwin, most recently CEO of Supergroop, in early 2024. In the interim, John Bilbrey, the company’s executive chair of the board, will serve as CEO.brands and we are delighted to welcome her as CEO of Olaplex,” said Bilbrey. “She is an effective and creative brand builder who deeply understands consumer insights and analytics.
Baldwin added that she sees “tremendous opportunity” to help the brand and the business reach their full potential by further deepening engagement with stylists, retailers and consumers through breakthrough product innovation, sharp storytelling and a dynamic global omnichannel strategy.
The company, which went public through an initial public offering in 2021, is forecasting net sales in the range of $445 million to $465 million for fiscal-year 2023. This is approximately $144 million lower than its previous forecast. “It has been an honor to lead Olaplex through so many significant moments over the past three-plus years,” said Wong, who joined Olaplex in 2020 from Moroccanoil, an argan-oil based and body brand, where she was CEO. Before that she held roles as president of Elizabeth Arden, ceo of StriVectin and ceo of Astral Health.
WWD and Women's Wear Daily are part of Penske Media Corporation. © 2023 Fairchild Publishing, LLC. All Rights Reserved.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Host Holly Willoughby Exits ITV's This Morning Days After Being Targeted in Alleged Murder PlotDays after British TV personality Holly Willoughby was revealed as the target in an alleged kidnap and murder plot, the host announced she's ending her 14-year run at ITV's This Morning.
Read more »
Agnes Chu Exits Conde Nast Entertainment in Restructuring of CompanyThe executive joined the company from Disney in 2020.
Read more »
Agnes Chu Exits Conde Nast EntertainmentThere’s a shakeup at Condé Nast Entertainment. Agnes Chu, who was President of the nascent division of the publishing company, is exiting as part of a restructure. The news was revealed this mornin…
Read more »
Private-Equity Exits Sink to One of Lowest Points in Over a DecadeDepressed deal-making coupled with the ongoing possibility of a government shutdown are delaying an anticipated recovery
Read more »
Holly Willoughby Exits British Morning Show After Being Targeted in Alleged Kidnapping-to-Murder PlotBritish TV host Holly Willoughby announced her exit after being the target in an alleged kidnap and murder plot.
Read more »