Revlon Appoints First-Ever Female CEO
- Mounting losses, debt have fueled restructuring speculation
- Debra Perelman became chief operating officer in January
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Revlon Inc. appointed Debra Perelman its chief executive officer as the cosmetics company controlled by billionaire Ronald Perelman faces intense competition and mounting losses.
Perelman, the 44-year-old daughter of the company’s controlling shareholder, will be the first-ever female CEO for the 86-year-old business. She became the chief operating officer of the cosmetics company in January and has served on Revlon’s board since 2015.