October marks a season of change, not only in nature but also in the corporate world. This month, several professionals have stepped into new roles as CEOs. Today, Chief Executives Council will focus on 11 CEOs that have accepted a new role.
Estee Lauder Names Stephane de La Faverie as New CEO
Estee Lauder will elevate long-time executive Stephane de La Faverie to the role of chief executive, succeeding Fabrizio Freda, who will retire after more than 16 years with the embattled cosmetics maker. Stephane has been with Estée Lauder Companies for over 13 years, serving in various leadership roles, mostly recently as executive group president, a role he held for two years. Before joining the company in 2011, he served as a senior vice president at L’Oréal.
CVS Names David Joyner as New CEO
CVS Health tapped industry executive David Joyner to replace CEO Karen Lynch and turn around the struggling business. Joyner previously served as executive vice president of CVS Health, and president of CVS Caremark, where he led the pharmacy services business.
Revlon Names Michelle Peluso as New CEO
Cosmetics company Revlon has named Michelle Peluso its new chief executive officer. Peluso arrives from CVS Health, where she was chief customer and experience officer. She was previously chief marketing officer at IBM and Citi, and also sits on the Nike board.
Gucci Names Stefano Cantino as New CEO
Kering announced the appointment of Stefano Cantino as CEO of Gucci, reporting to Francesca Bellettini, Deputy CEO of Kering in charge of Brand Development. Stefano Cantino, who joined Gucci in May 2024 as Deputy CEO and will have a seat on Kering’s Executive Committee, will succeed Jean-François Palus.
SME Names Jeannine Kunz as New CEO
SME, the nonprofit dedicated for nearly 100 years to the advancement of manufacturing technology and fostering manufacturing and engineering talent and capabilities in North America, announced the appointment of Jeannine Kunz as the new Executive Director and Chief Executive Officer. Kunz brings 24 years of manufacturing experience, mostly recently as SME’s Chief Workforce Development Officer where she leads a team focused on taking action to strategize nationally and partnering locally to build systematic, holistic approaches to workforce development.
Arch Capital Names Nicolas Papadopoulo as New CEO
Arch Capital Group Ltd has announced a leadership transition, appointing Nicolas Papadopoulo as its new chief executive officer. Papadopoulo, who has been with Arch since 2001, most recently held the positions of president and chief underwriting officer. He brings extensive experience in leadership roles across both Arch’s insurance and reinsurance operations.
KinderFarms Names Kristin Recchiuti as New CEO
Kinder Co., which makes children’s medicines for over-the-counter sales, has announced a longtime Johnson & Johnson pharmaceuticals veteran as its new chief executive. Kristin Recchiuti, former chief executive of Cedar Knolls-based consumer health products company Advantice Health who also spent 20 years in various executive rolls at Brunswick, New Jersey-based Johnson & Johnson, took the helm of Kinder this month.
Murphy Oil Names Eric Hambly as New CEO
Murphy Oil Corp.’s current COO Eric M. Hambly has been appointed to CEO and president. Hambly joined Murphy in 2006 and has since played roles in the company’s operations in Malaysia, Singapore, onshore U.S. and offshore U.S. Gulf of Mexico (GoM). He became executive vice president of operations in 2020 and assumed his current position as president and COO in February 2024.
Stonebriar Names Nicholas Sandler as New CEO
Stonebriar Commercial Finance, a provider of asset-based private credit solutions with $7.3 billion of owned and serviced assets, appointed Nicholas Sandler as CEO. Sandler, who has served as Stonebriar’s president since June 2021 and co-founded the business, succeeds fellow co-founder Dave B. Fate, who is stepping down after more than nine years of distinguished leadership. Fate will remain as senior advisor and vice chairman of Stonebriar through 2025.
Annie’s Place Names Laura Rhoden as New CEO
Laura Rhoden has been named chief executive officer of Annie’s Place, a remarkable nonprofit that provides childcare for parents undergoing life-saving medical treatments, as well as healthcare workers who need childcare while caring for these families. For the past six years, she has served as the organization’s chief operating officer, where she played a pivotal role in implementing the innovative partnership between Annie’s Place and Parkland. In addition to her role at Annie’s Place, Rhoden brings a wealth of experience from her extensive background in leadership and operations.
PetSmart Names Ken Hicks as New CEO
PetSmart announced the appointment of Ken Hicks as president and chief executive officer, effective by the end of October. Hicks will also serve on the company’s board of directors. This news comes after the pet retailer announced at the end of September that J.K. Symancyk, former president, CEO and board member was stepping down from his role. Hicks is the former CEO and executive chairman at Academy Sports and Outdoors, and prior to that he served as Foot Locker’s CEO.
Additional CEO’s on the Move
CEO’s on the Move: September 2024
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