THE WHAT? The Inkey List has named Stephanie Davis Michelman as CEO, according to a report published by WWD. Michelman joins from LVMH where she held the role of Global Chief Marketing Officer, Benefit Cosmetics.
THE DETAILS Michelman will take over from Co-founders Colette Laxton and Mark Curry. Laxton and Curry will continue to oversee the business. Prior to her role at Benefit Cosmetics, she served as Vice President & General Manager, Bobbi Brown at The Estee Lauder Companies and her LinkedIn page lists multiple senior roles at L’Oréal over the course of eight years.
THE WHY? Laxton and Curry said in a statement, per WWD that Michelman’s extensive experience in the industry is necessary to continuing the brand’s ‘exponential growth’. “We are incredibly excited to welcome Stephanie into the Inkey family. The brand has seen phenomenal growth over the last four-and-a-half years, and we have ambitious plans to maintain this momentum by making skin care simple and accessible globally.”