Beauty Brands has named a new CEO as it looks to enter its ‘next phase of growth’, according to a report published by Chain Store Age. Caryn Lerner will succeed Lyn Kirby, who will remain with the retailer as Chairman.

“This management transition to a CEO resident in Kansas City has been our ambition since the time of our investment in beauty Brands, and I am delighted that, in Caryn, we have found an experienced CEO who can lead the company through its next growth phase,” said Kirby.

Lerner joins Beauty Brands from Palladin Capital Group, where she has worked since 2013, sourcing investment opportunities and completing due diligence checks in the luxury, retail and consumer products spheres. She has also served as CEO of New Jersey-based  Daffy’s and Canada’s Holt Renfrew