Beauty scale

Waldencast plc appoints Philippe Gautier as Chief Financial Officer and Chief Operating Officer

NEW YORK, Sept. 27, 2022 (GLOBE NEWSWIRE) — Waldencast plc(NASDAQ: WALD), a global multi-brand beauty and wellness platform, today announced that Philippe Gautier will join the Company as Chief Financial Officer and Chief Operating Officer on October 19, 2022. In this role, Mr. Gautier will also be the Chief Financial Officer of the Company.

Mr. Gautier joins Waldencast after a successful thirty-year career leading the finance and operations areas of prestigious global consumer companies. Most recently, Mr. Gautier served as Group Chief Financial Officer at Selecta, a KKR portfolio company. Previously, he spent five years as Group Financial and Operational Director for SMCP (Sandro, Maje, Claudie Pierlot, De Fursac). In addition, for more than a decade, Mr. Gautier was CFO of major brands at Kering, including Sergio Rossi and Puma, working in Italy and the United States. Mr. Gautier began his career at HSBC Asset Management in Tokyo.

Michael BroussetFounder and CEO of Waldencast, said, “We are delighted to bring Philippe to Waldencast and believe that his extensive financial and operational experience, business acumen and proven track record of financial improvement and operational excellence while gaining , integrating, nurturing and growing global luxury consumer brands will be invaluable to us as we position Waldencast to achieve its ambition to build a world-class portfolio of beauty and wellness brands.

“I am delighted to join Waldencast and bring my experience to elevate the strong foundation that has been created to advance the company’s ambition to build a world-leading multi-brand beauty and wellness platform” , said Mr. Gautier. “I look forward to working with the Waldencast team and contributing to the success of this growing company for many years to come.”

About Waldencast

Founded by Michel Brousset and Hind Sebti, Waldencast’s ambition is to build a premier global beauty and wellness operating platform by developing, acquiring, accelerating and growing conscious, high-growth and goal oriented. Fundamental to Waldencast’s vision is its brand-driven business model that ensures customer proximity, business agility and market responsiveness, while retaining each brand’s distinct DNA. The first step in realizing his vision was the business combination with Obagi Skincare and Milk Makeup. Under the Waldencast platform, brands will benefit from the operational scale of a multi-brand platform, expertise in managing large-scale global beauty brands, a balanced portfolio to mitigate fluctuations in category, efficiency of asset-light and market responsiveness and speed of entrepreneurship. independent brands. For more information, please visit: https://ir.waldencast.com/.