#Annie young scrivener professional

Young-Scrivner reports to the Wella Board of Directors. KKR will own 60 percent of the company and Coty will own the remaining 40 percent.Īs CEO, Ms.

#Annie young scrivener professional

Wella will then encompass the assets of Coty's Professional and Retail Hair businesses, including its Wella Professional, Clairol, OPI, Nioxin and ghd brands, valued at $ 4.3 billion on a cash and debt free basis under the terms of the transaction. Once the transaction has been completed, the Wella Company will operate as a separate company with its own management team and its own operating structures. “I would like to express my sincere thanks to Sylvie Moreau for leaving such a wonderful legacy, a remarkable team, and a solid foundation for growth on which to continue,” said Young-Scrivner. Sylvie Moreau, the current President of Coty's Professional and Retail Hair businesses, will remain in her role until the deal between KKR and Coty is completed. “I have long admired Wella’s iconic brands and their groundbreaking innovations, and I look forward to working with the team as we see the brand portfolio grow and the company's $ 90 billion market share Work towards the hair and nail care industry. “It is a great honor to join Wella at such a critical time in the history of the brand as the brand is celebrating 140 years of working with beauty professionals and hair salon owners,” said Annie Young-Scrivner. Managing Director at KKR in the Americas Private Equity Business.

'Given her tremendous global experience in B2B and B2C businesses and her intuitive understanding of digital engagement in consumer-centric industries, we believe she will help us unlock the real potential of Wella's portfolio,' said Nancy Ford. Their proven track record of building value in consumer brands and businesses will be of paramount importance to the newly formed Wella Company, ”said Tim Franks, Partner at KKR and Head of Consumer & Retail in its European Private Equity Business. “We are delighted that Annie Young-Scrivner brings her great passion for the consumer sector and her commitment to diverse and inclusive organizations to us. Thanks to her leadership in digitization and loyalty, Starbucks was able to reach out to customers in a more meaningful way in its global operations. Here she contributed to improving the brand and customer experience and increasing the company's innovative strength, which led to double-digit growth. Prior to joining GODIVA, Young-Scrivner held a number of senior positions with Starbucks Corporation ('Starbucks') for seven years. She has worked in more than 30 countries around the world, giving her a deep understanding of global markets. In her three-decade career, Young-Scrivner has demonstrated exceptional skills in brand, digitization and talent development across various channels. Young-Scrivner was not only the driving force behind GODIVA's efforts to empower women in society, but she also led the optimization of the digital customer experience at GODIVA, which has become a critical aspect of the brand environment. This made this iconic brand more accessible to consumers and at the same time honored the brand tradition. Her tenure at GODIVA was marked by accelerated growth with a push into new sales channels and categories.

Young-Scrivner was with GODIVA Chocolatier ('GODIVA'), where she had held the CEO position for three years. The appointment will become effective upon completion of the previously announced transaction in which KKR will acquire a 60 percent interest in Wella from Coty Inc. NEW YORK and GENEVA - ( BUSINESS WIRE ) - Today KKR's Annie Young-Scrivner became the new Chief Executive Officer (CEO) of Wella Company, one of the world's leading beauty companies iconic brands such as Wella Professionals, Clairol, OPI, Nioxin and ghd.