By  on September 23, 2014

Roberto Simon has been named executive vice president and chief financial officer of Revlon Inc., effective Sept. 30.

As executive vice president and cfo, he succeeds Lawrence Alletto, who had served in the additional capacity of chief administrative officer since joining the company in October.

Simon had served as senior vice president of global finance since joining Revlon in October as part of its acquisition of The Colomer Group for about $665 million in cash. During the past seven months, he had been Revlon’s global business process owner for systems, applications and products. He worked in a number of different financial positions for Colomer prior to the acquisition and became its cfo in 2011.

In a regulatory filing with the Securities and Exchange Commission, Revlon said that Alletto intended to “pursue other opportunities” and that his departure wasn’t caused by any issues involving the company’s accounting, financial reporting or internal controls.

Alletto joined Revlon following 20 years with J.P. Morgan Chase & Co., most recently as managing director of its investment banking department and global head of its financial sponsors group.

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