e.l.f. Beauty's chairman and CEO Tarang Amin rang the opening bell March 18, 2024 at the New York Stock Exchange (NYSE) in celebration of 20 years as a company. He was joined by the company’s board of directors and executive team.
The company’s stock price has increased more than 1500% in the last five years, making it the best-performing stock on the NYSE during that period.
e.l.f. Beauty has committed to donate at least 2% of profits to initiatives that support change for the greater good, and last year exceeded its target and distributed more than 3% of profits to like-minded nonprofit organizations.
The company is one of only four public companies in the United States (out of >4,200) with a board of directors that is at least two-thirds women and one-third diverse.
Through March 31 the “Invest in Your e.l.f.” sweepstakes is depositing individual $10,000 awards into brokerage accounts to 20 lucky Beauty Squad loyalty members.
Amin said, "e.l.f.’s ethos is to be a bold disruptor with a kind heart. We believe that when you combine value with values, we are able to best serve our community and give them what they have come to expect from e.l.f. Beauty. Positivity, inclusivity and accessibility set the foundation for everything we do. One of our differentiators is our relationship with our community. We understand the importance our community places on social impact, encouraging us to set the benchmark not just in beauty, but also on a bigger stage as a publicly traded company.”
