Thursday, July 10, 2014

Revlon CEO Ennis resigns from post

October 02. 2013 10:40AM
Associated Press

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(AP) Revlon CEO Alan Ennis is leaving the beauty products company to pursue other interests. The company named former CEO David Kennedy to the post on an interim basis.

Ennis had served as CEO since May 2009.

The 66-year-old Kennedy had served as CEO from 2006 to 2009 and is currently Revlon Inc.'s vice chairman. He started at Revlon in 2002 as executive vice president and president of Revlon International.

His appointment as interim CEO is effective immediately.

New York-based Revlon said Wednesday that it expects to name a permanent successor soon.

Its shares fell 48 cents, or 1.7 percent, to $27.52 in morning trading.

Associated Press

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