The Perelmans’ control over beauty company Revlon Group is not any more.
Not long after her father Ronald Perelman was pushed out, Debra Perelman is stepping down from her role as president and chief executive officer and as a member of the board. She's going to function an adviser to the corporate, whose brands include namesake Revlon, Elizabeth Arden and Almay, for a transitional period.
Elizabeth A. Smith has been appointed interim CEO. Smith was brought in as executive chair of the Revlon board of directors in May and continued in that role because it emerged from Chapter 11 bankruptcy.
Perelman said: “It has been an honor to guide the talented and dedicated Revlon team over the past five years, and I'm grateful...
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