Revlon announced that its Board of Directors has elected Fabian Garcia as Revlon’s new President and Chief Executive Officer, effective April 15, 2016. Fabian was also appointed to serve as a member of Revlon’s Board of Directors, as well as the Board of Revlon’s wholly owned operating subsidiary, Revlon Consumer Products Corporation (“RCPC”).
He replaces Lorenzo Delpani, who resigned as CEO on March 1 for personal reasons.
Over the last 13 years, Fabian has served in a number of leading roles at the Colgate-Palmolive Company, including leading the company’s businesses in Asia-Pacific, Eurasia, Latin America, and most recently, Europe and the Hills Pet Nutrition business. As COO of Global Innovation and Growth, Fabian had responsibility for Colgate-Palmolive’s growth strategy, consumer and customer innovation, and operational productivity strategies and plans. Fabian also led the company’s innovation strategy, focusing on new business models, core categories, and emerging business opportunities.
Prior to Colgate-Palmolive, Fabian worked at the Timberland Company managing Timberland’s International operations.
Prior to Timberland, Fabian was President of Chanel in the Asia-Pacific region, responsible for the Chanel Fashion, Fine Jewelry and Watches and Fragrance and Beauty lines in the region, where he drove growth and expansion in to new markets.
Fabian started his career in the Procter & Gamble Company, progressing through assignments of increased responsibility in Marketing and General Management, in Venezuela, the United States, Colombia, Taiwan and Japan. His last assignment in P&G was as President of the Max Factor business in Japan and Asia Pacific.
“I am honored to join Revlon during such an exciting period of renewed growth and innovation,” said Fabian, 56. “Revlon is a true global market leader setting the highest standard for beauty and quality. I look forward to joining this extraordinary team to help continue to drive growth and innovation and to continue to deliver strong results for our customers around the world.”
Commenting on today’s announcement, Ronald O. Perelman, Chairman of Revlon said, “I want to welcome Fabian as Revlon’s President and CEO. Fabian has demonstrated a long track-record of success at Colgate in terms of driving growth and profitability, and in successfully leading and expanding global organizations. He has the global strategic, marketing, sales, financial and operational leadership experience to successfully lead Revlon into the future.”