Following disappointing 2015 results and the departure of CEO and president, Lorenzo Delpani, Revlon has named Fabian T. Garcia as its new president and CEO, effective April 15. Garcia will also join the board of Revlon Consumer Products Corp.
Garcia previously held several roles at Colgate-Palmolive Company, including leading the company’s businesses in Asia-Pacific, Eurasia, Latin America and Europe, and the Hills Pet Nutrition business. He has also held roles with Timberland International, Chanel and P&G.
“I am honored to join Revlon during such an exciting period of renewed growth and innovation,” said Garcia. “Revlon is a true global market leader setting the highest standard for beauty and quality. I look forward to joining this extraordinary team to help continue to drive growth and innovation and to continue to deliver strong results for our customers around the world.”
Ronald O. Perelman, chairman of Revlon, said, "I want to welcome Fabian as Revlon’s President and CEO. Fabian has demonstrated a long track-record of success at Colgate in terms of driving growth and profitability, and in successfully leading and expanding global organizations. He has the global strategic, marketing, sales, financial and operational leadership experience to successfully lead Revlon into the future.”