July 2023
The Rodeo Drive Committee, founded in 1977 to remodel the famed shopping street from a restaurant and beauty-shop row right into a high-fashion haven, has named a latest president.
Kay Monica Rose was recently elected to serve a two-year position that leads a coalition of local executives striving to maintain Rodeo Drive a top-notch shopping street. Their years of labor have created one of the famous luxury shopping streets on the planet.
“It is actually essential that I proceed the extraordinary legacy the committee already had,” said Rose, who's the managing director of Auto Vault Beverly Hills, a luxury automotive management company on Rodeo Drive. “It involves a collaboration with the community, discovery, engagement and programs we've and world-class events we bring...
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The wonder founder flight is picking up pace.
While founder exits usually are not a latest phenomenon — and sometimes occur under essentially the most amiable of circumstances — a spate of exits in recent months raises questions as to simply what's fueling the trend.
As a refresher: In January, Gregg Renfrew left her role as executive chair and chief brand officer at Beautycounter, the brand she launched in 2013 and sold to the Carlyle Group in 2021 in a deal that valued the corporate at $1 billion.
Shortly after, Melisse Shaban exited her role as chief executive officer of hair care brand Virtue Labs. She transitioned as an alternative to an adviser role just because the brand raised a latest financing round...
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