Reshuffle at Revlon: David Kennedy replaces CEO Alan Ennis
Revlon CEO Alan Ennis resigned suddenly this month and has been replaced by David Kennedy as the vice chairman and interim CEO, the company’s board of executives has revealed.
In an official statement Revlon said that Ennis had left ‘to pursue other interests’, but the departure also comes as the company has continued to mixed financial results, characterized by rising profits and slowing sales growth, exacerbated by unfavorable currency translations.
Kennedy currently serves as vice chairman of the company’s board of directors, and previously served as a Revlon senior executive from 2002 to 2009, which included a stint as president and CEO of Revlon from 2006 to 2009.