Revlon appoints new chief operating officer

US-based beauty company Revlon has appointed Christopher Peterson as the chief operating officer (COO) of its operations division to manage the firm's global supply chain, finance, and IT functions.

Previously, Peterson fulfilled a management and financial leadership position at Procter & Gamble for 20 years. In 2012, he joined Ralph Lauren as senior vice-president and chief financial officer, before later working as executive vice president, chief administrative officer, and chief financial officer from 2014-2015.

Revlon's president and chief executive officer (CEO) Fabian Garcia said: "Chris brings strong financial acumen, operational expertise, and decades of experience leading global organisations for consumer and luxury brand companies and will be a tremendous asset to our organisation.

"Partnering with our senior executive team, I am confident that Chris will leverage his talents to help us execute our strategy and deliver long-term sustainable growth and profitability.”

Founded in 1932, Revlon retails its multiple products across colour cosmetics, skincare, hair colour and care, beauty tool, men’s grooming products, anti-perspirant deodorant, and fragrance sectors in more than 150 countries.

Peterson said: “This is a very exciting time to join Revlon, with the recent acquisition of Elizabeth Arden and as the company enhances its position as a global beauty leader.

“I look forward to working with Fabian and Revlon’s leadership team to drive growth and value creation for all stakeholders.”