NEW YORK — Revlon Inc.’s newly installed chief executive officer Lorenzo Delpani plans to hit the ground running, leading the firm’s integration of The Colomer Group.
This story first appeared in the November 1, 2013 issue of WWD. Subscribe Today.
Revlon tapped Delpani from Colomer, which it acquired earlier this month for $665 million. Effective today, he succeeds David Kennedy, who was named interim ceo nearly one month ago following the departure of Alan Ennis.
Delpani will serve as a member of Revlon’s board, as well as on the board of the company’s subsidiary, Revlon Consumer Products Corp.
The executive, who had been ceo of Colomer since 2007, will work on bringing Colomer’s professional brands such as CND nail polish and American Crew hair care into the Revlon fold.
“I am leading the integration process,” Delpani told WWD. “No further details to share at this time, but I am enthusiastic about the tremendous opportunities the combined company presents.”
Previously, Delpani held senior-level positions at Reckitt Benckiser, including roles with responsibility for South Western Europe and for new product initiatives and e-business. He also worked at Johnson & Johnson and The Procter & Gamble Co.
One of Delpani’s first tasks will be to immerse himself in the Revlon business.
“Right now, my primary focus is on developing a deep knowledge and understanding of the people, brands, processes and systems, as well as visiting the key business units across the world,” said Delpani.
Kennedy, who will continue to serve as Revlon’s vice chairman, 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.”
Ronald Perelman, the beauty firm’s chairman and primary owner, who is also chairman and ceo of MacAndrews & Forbes Holdings Inc., added, “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.”