German spa and skincare company Babor has officially named Tim Waller president and chief financial officer for its North American subsidiary — a new position for the firm.
39-year-old Waller previously held positions at L’Oréal and Estée Lauder. At Babor North America, which has its headquarters in Delray Beach, Florida, he will oversee marketing, retail, and online business growth.
Waller is the latest addition to the management team — Mark Wuttke, is in place as president and chief operating officer of Babor North America since March 1. Wuttke’s mandate is the brand’s positioning in spas, according to the company.
Both positions report to Babor global ceo Michael Schummert, who commented, “North America is one of our most important and most dynamic markets – falling just behind our home market in Germany.”
Present in cosmetic institutes luxury spas, and shops in more than 70 countries, Babor is known for its ampoule-enclosed single-dose skin care, though also sells body care and makeup. The company is currently expanding its retail business with a partnership-based spa-store concept, which launched in Berlin a year ago.
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The Aachen, Germany-based firm registered $166.1 million in beauty sales in 2015.