High Ridge Brands Appoints Patricia Lopez As Chief Executive Officer
HIGH RIDGE BRANDS APPOINTS PATRICA LOPEZ AS CHIEF EXECUTIVE OFFICER
STAMFORD, Conn., July 6, 2017 /PRNewswire/ — The Board of Directors of High Ridge Brands Co. (“High Ridge Brands” or the “Company”), a leading Stamford, CT based personal care products company, announced today that Patricia Lopez has been appointed to the role of Chief Executive Officer, effective July 6, 2017. Ms. Lopez will also be named to the Board of Directors of High Ridge Brands effective upon her appointment.
Ms. Lopez has extensive experience in the consumer products industry, including a distinguished twenty-five year career at Procter & Gamble. Most recently, Ms. Lopez served as SVP, General Manager of the Estée Lauder and Aerin Beauty Products business in North America. In this role, she had oversight of the flagship Estée Lauder® prestige beauty brand as well as Aerin Beauty, a luxury fragrance and beauty brand, which together generated annual revenues of over $1 billion. Previously, from 2012 to 2015, Ms. Lopez served as Chief Marketing Officer of Avon Products, a beauty focused global business with over $10 billion in annual revenues. Prior to Avon, Ms. Lopez had a long and successful track record at P&G, with responsibilities in global marketing and general management across a range of brands and geographies. Her last assignment at P&G was Vice President, General Manager for Eastern Europe, Russia, Ukraine and Belarus, where she managed over 200 brands, including Pantene®, Head & Shoulders®, Pampers® and Gillette®, and had P&L responsibility for $3.6 billion and 5,000 employees.
John Compton, Chairman of the Board of Directors of High Ridge Brands and an Operating Partner at Clayton, Dubilier & Rice, commented, “We are fortunate and excited to have Ms. Lopez join the High Ridge Brands organization at an important time in the Company’s history. Ms. Lopez’s extensive experience and long-tested talent as a leader in the consumer products industry will be a significant asset in driving the mission and strategy of the organization as we strive to offer consumers distinctive, high quality products at compelling values.”
Ms. Lopez commented, “I am honored to be joining the High Ridge Brands team at this exciting time in its evolution. I have enjoyed working with well-known, heritage brands in my past and the vast brand equity in the Company’s portfolio, with brands such as Zest®, Alberto VO5®, and REACH®, among others, presents a wonderful opportunity to bring pride, relevance and new energy to the Company’s products which play an important and personal role in the everyday lives of our consumers. With the dedicated support of our employees, I am excited about what the future holds for High Ridge Brands and the impact we can have on the lives of our consumers.”
Jim Daniels, previously Chief Executive Officer of the Company, will be leaving to explore other career opportunities. Mr. Compton added, “We would also like to thank Jim Daniels for his service to the Company and wish him well in his future endeavors.”
About High Ridge Brands
High Ridge Brands, headquartered in Stamford, Connecticut, is one of the largest independent branded personal care companies in the United States by unit volume, with a mission to provide consumers with high quality personal care products at compelling values. Today, High Ridge Brands has a portfolio of over thirteen trusted brands, serving primarily North American skin cleansing, hair care and oral care markets, including Zest®, Alberto VO5®, REACH®, Firefly®, Dr. Fresh®, Coast®, White Rain®, LA Looks®, Zero Frizz®, Rave®, Salon Grafix®, Binaca® and Thicker Fuller Hair®. In addition, the Company has relationships with leading entertainment properties through which it has a portfolio of licenses such as Star Wars, Batman, Spiderman, Hello Kitty, and Transformers. The Company operates an asset-light model, outsourcing its manufacturing needs, and has approximately 150 employees. High Ridge Brands is a portfolio company of Clayton, Dubilier & Rice.