Revlon Inc looking for a new CFO
Revlon, Inc. has announced that its Board of Directors has elected David L. Kennedy as a Director and as President and Chief Executive Officer. He succeeds Jack Stahl, who is leaving the Company to pursue other interests. Mr. Kennedy is currently Revlon’s Executive Vice President, Chief Financial Officer and Treasurer. While Mr. Kennedy’s appointment is effective immediately, Mr. Stahl has agreed to stay on as an advisor for 30 days to ensure a smooth transition to the new leadership.
Mr. Kennedy, 59, joined Revlon in 2002 as Executive Vice President and President of Revlon International. Earlier this year he was appointed Chief Financial Officer of Revlon, Inc. and its wholly owned operating subsidiary, Revlon Consumer Products Corporation.
Mr. Kennedy’s 33-year business career includes several senior management and senior financial positions with The Coca-Cola Company and Coca-Cola affiliates, including serving as Managing Director of Coca-Cola Amatil Ltd., a publicly held company based in Australia, and as General Manager of The Coca- Cola Fountain Division. He also served in various key financial positions at Columbia Pictures. A certified public accountant, Mr. Kennedy spent the first eight years of his career at Ernst & Young.
At present no announcement has been made by Revlon as to who will succeed Mr Kennedy as CFO, and their website simply states it as an ‘Open Position’