This article was originally published in The Rose Sheet
Executive SummaryPresident and CEO A.G. Lafley elected chairman of the board effective July 1, succeeding John Pepper, who will retire, consumer products company announces. Pepper, who has been with P&G for 38 years, returned from retirement two years ago when Lafley was appointed CEO in order to help orchestrate firm's restructuring overhaul in response to weak financial results (1"The Rose Sheet" June 12, 2000, p. 11). Global Beauty Care and Health Care President Bruce Byrnes and Global Market Development and Business Operations President Kerry Clark are each appointed vice chairman of the board...
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W3ll People is expected to add a relatively modest $7m to e.l.f. Beauty’s fiscal 2021 top line, but the brand has “major white space” opportunities, including at Target, e.l.f.’s longest-standing customer. Further, its plant-based product line includes 40 “EWG Verified” products, reflecting expertise e.l.f. is eager to tap.