Revlon Names Chris Peterson COO, Operations

Revlon Inc. has hired Chris Peterson as chief operating officer, operations.Peterson will be responsible for overseeing Revlon’s global supply chain, finance and information technology operations. He will report to Fabian Garcia, Revlon’s president and chief executive officer.Peterson was previously with Ralph Lauren, most recently as president, global brands, since 2015. There, he oversaw Ralph Lauren’s global brand presidents, chief financial officer, investor relations, information technology and real estate operations. Before he was appointed president of global brands, Peterson served as executive vice president, chief administrative officer and chief financial officer at Ralph Lauren. He joined Ralph Lauren in 2012 as senior vice president and chief financial officer.Before Ralph Lauren, Peterson was with Procter & Gamble for about 20 years, serving in management roles.“Chris brings strong financial acumen, operational expertise and decades of experience leading global organizations for consumer and luxury brand companies and will be a tremendous asset to our organization,” said Garcia. “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.”“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,” said Peterson. “I look forward to working with Fabian and Revlon’s leadership team to drive growth and value creation for all stakeholders.”Peterson joins Revlon during a period of reorganization for the business. In January, Garcia unveiled Revlon’s new operational structure, which focuses on the brands themselves rather than channels of distribution. There have also been a handful of personnel changes. Revlon recently appointed Serge Jureidini as president of Elizabeth Arden and the company’s Global Fragrances division (JuE Wong, previously the president of Arden, and George Cleary, former president of Fragrances, are now out). Before that, the company added Allure magazine founder Linda Wells as chief creative officer.