THE WHAT? Credo has announced the appointment of Maureen Chiquet as an Independent Director of its Board. Chiquet will become the fifth woman to join the clean beauty brand’s Board, shifting the composition to 70 percent female leadership.
THE DETAILS Chiquet’s CV lists several high profile positions over a 30-year career in fashion and beauty, among them CEO of Chanel, COO of Chanel as well as roles at L’Oréal, Gap and Banana Republic.
THE WHY? CEO of Credo, Dawn Dobras, explains, “The clean beauty industry is being driven by women–over 90% of our brand partners are founded or led by women–so we are thrilled to add Maureen to our Board, as we see tremendous value in our leadership representing the majority of our brand creators and customer base. Our mission has always remained the same, to be the industry’s change-maker and provide greater access to clean, safe products that are better for people and the environment, and by adding Maureen’s expertise, I know we can support our mission even further.”