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Leadership History

Revlon: CEO History

3 leaders · 2018 to present

Who is the CEO of Revlon?

Michelle Peluso is the CEO of Revlon, in the role since 2024. The first chief executive was Debra Perelman, from 2018.

Current CEO
Michelle Peluso (since 2024)
First CEO
Debra Perelman (2018)
Leaders documented
4
Founded
1932
NameRoleFromToYears in role
Michelle PelusoChief Executive Officer2024Present2
Elizabeth (Liz) SmithInterim Chief Executive Officer202320241
Debra PerelmanPresident and Chief Executive Officer201820235
Who was CEO of Revlon before Michelle Peluso?
Elizabeth (Liz) Smith was CEO of Revlon from 2023 to 2024, before Michelle Peluso took over in 2024.

Company Overview

Revlon helped define mid-century American cosmetics with matching nail and lip colors and campaigns such as 1952's 'Fire & Ice'. The modern company is smaller and private: after the 2022 bankruptcy, ownership passed to its former lenders, and the parent Revlon Group Holdings LLC now manages a portfolio that includes Revlon, Elizabeth Arden, Almay, CND, American Crew, Mitchum, Creme of Nature and licensed fragrances. The company is headquartered in New York City, New York.

Revlon makes money by manufacturing beauty products and selling them wholesale to retailers and distributors, plus direct online sales. Its portfolio of more than 20 brands spans mass color cosmetics (Revlon, Almay), nail care (CND, Cutex, SinfulColors), hair care and color (Revlon ColorSilk, American Crew, Creme of Nature), Mitchum deodorant, and fragrance (Elizabeth Arden plus licenses such as Juicy Couture, Elizabeth Taylor and Christina Aguilera). Fragrance alone supplies roughly a quarter of sales, according to CEO Michelle Peluso. Mass products sell through drugstores, mass merchants and supermarkets; Elizabeth Arden sells through department stores, specialty and travel retail; CND and American Crew sell into salons and barbershops.

Michelle Peluso

Chief Executive Officer

2024 – Present

2 years (current)

Key Decisions & Impact

Peluso joined Revlon as CEO effective November 4, 2024, after serving as Executive Vice President and Chief Customer and Experience Officer at CVS Health, where she oversaw the end-to-end consumer experience across all channels and previously served as Co-President of Pharmacy and Consumer Wellness.

Legacy

Peluso leads Revlon's post-bankruptcy turnaround, narrowing brand positioning for Revlon and Almay, expanding fragrance, and regionalizing manufacturing and R&D.

Elizabeth (Liz) Smith

Interim Chief Executive Officer

2023 – 2024

1 year

Key Decisions & Impact

Smith was brought in to aggressively restructure the massive, bloated portfolio of brands following the company's emergence from Chapter 11 bankruptcy, completely overhauling its digital marketing strategy.

Legacy

As interim CEO, she serves as the absolute critical turnaround architect, attempting to resurrect the legendary cosmetics brand from the ashes of its massive financial collapse.

Debra Perelman

President and Chief Executive Officer

2018 – 2023

5 years

Key Decisions & Impact

Perelman oversaw the absolute catastrophic collapse of the company, failing to modernize the brand for Gen Z or compete with massive celebrity-backed cosmetics lines (like Fenty), culminating in a highly humiliating Chapter 11 bankruptcy filing in 2022.

Legacy

Serving as CEO from 2018 to 2023, the daughter of billionaire Ron Perelman was unable to save the massive empire her father acquired in a hostile takeover decades prior.

Other senior executives

These officers report to the chief executive and are not part of the CEO timeline above.

  • Mario Rivera, Chief Operations Officer (2026 – present)Rivera navigated the massive supply chain collapses that plagued Revlon during the pandemic, desperately attempting to fulfill orders while the company suffocated under absolutely crushing legacy debt.Source →

Challenges & Strategic Context

Revlon has to rebuild relevance while operating without public-market visibility. The main challenges are retailer shelf space, speed of product innovation, digital beauty competition, margin pressure, brand aging, and post-bankruptcy execution.

Revlon CEO and Leadership FAQ

Who was Revlon's founding CEO and how long did he lead?

Charles Revson co-founded Revlon in 1932 and served as Chief Executive Officer until his death in August 1975, personally dictating product formulations, shade names, ad campaigns, and commercial packaging.

Who succeeded Charles Revson as CEO in 1975?

Michel Bergerac, former president of ITT (International Telephone & Telegraph), was recruited by Revson in 1974 with a historic $1.5 million compensation package and served as CEO from 1975 until Ronald Perelman's hostile takeover in 1985.

What was Michel Bergerac's strategy during his tenure as Revlon CEO?

Bergerac diversified Revlon into pharmaceutical and healthcare products (Technicon, Norcliff Thayer, Barnes-Hind) to cushion cyclical beauty swings, growing sales to over $2 billion before these non-core units were divested by Perelman.

How did executive leadership operate under Ronald Perelman's ownership (1985-2022)?

Perelman served as Chairman and primary decision-maker, cycling through a series of chief executives including Sol Levine, Jerry Levin, George Fellows, Jack Stahl (former Coca-Cola president, 2002-2006), David Kennedy, Alan Ennis, and Lorenzo Delpani.

Who was CEO when Revlon acquired Elizabeth Arden in 2016?

Fabian Garcia, a former top executive at Colgate-Palmolive, served as President and CEO from April 2016 to January 2018, orchestrating the $870 million Elizabeth Arden acquisition before stepping down amidst mounting operational integration challenges.

Who was Debra Perelman and why was her appointment historic?

Debra Perelman, daughter of Ronald Perelman, was appointed Revlon's first female CEO in May 2018 after two decades working within the company. She led the firm through the COVID-19 pandemic, digital transformation initiatives, and the Chapter 11 bankruptcy process.

When did Debra Perelman step down as Revlon CEO?

Debra Perelman stepped down as President and CEO in August 2023, following the company's successful emergence from Chapter 11 and the transfer of ownership from her family's holding company to institutional creditors.

Who was Elizabeth Smith and what role did she play during the transition?

Elizabeth (Liz) Smith, former CEO and Chair of Bloomin' Brands and former President of Avon Products, served as Revlon's Executive Chair and interim CEO from May 2023 through late 2024, steering the board through post-reorganization stabilization.

Who is Michelle Peluso and when was she appointed CEO of Revlon?

Michelle Peluso was appointed Chief Executive Officer of Revlon in late 2024. A seasoned consumer and digital retail executive, Peluso previously served as Chief Customer Officer at CVS Health, CEO of Gilt Groupe, CEO of Travelocity, and Chief Marketing Officer at IBM.

What strategic priorities did Michelle Peluso set upon taking charge?

Peluso prioritized modernizing Revlon's digital customer engagement, accelerating e-commerce channel penetration, re-energizing brand marketing across core cosmetics lines, and improving retail supply-chain fulfillment.

How has Revlon's board of directors changed post-bankruptcy?

Post-emergence, the board of directors is entirely independent of the Perelman family, comprised of seasoned consumer goods, beauty, and retail veterans appointed by institutional owners Glendon, King Street, Angelo Gordon, and Oak Hill.

How did CEO turnover affect Revlon's strategic continuity over the past two decades?

Frequent executive leadership changes (nine CEOs in 20 years) created shifting strategic priorities between mass retail, prestige beauty, and international expansion, often disrupting multi-year product development and marketing roadmaps.

Related Leadership Timelines

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.