Revlon said Monday that Garcia is slated to take the CEO reins on April 15. He also will become a member of the company’s board of directors and of the board of its Revlon Consumer Products Corp. operating subsidiary.
Garcia will take over from Lorenzo Delpani, who stepped down as Revlon president and CEO on March 1 for personal reasons. At the time, Revlon hadn’t named a successor to Delpani or an interim CEO. Delpani had served as Revlon’s president and CEO since November 2013, taking the reins from David Kennedy, who was appointed as interim chief executive with the exit of Alan Ennis.
“I am honored to join Revlon during such an exciting period of renewed growth and innovation,” the 56-year-old Fabian said in a statement. “Revlon is a true global market leader, setting the highest standard for beauty and quality. I look forward to joining this extraordinary team to help continue to drive growth and innovation and to continue to deliver strong results for our customers around the world.”
Over the last 13 years, Fabian has served in various leading roles at the Colgate-Palmolive, including leading the company’s businesses in Asia-Pacific, Eurasia, Latin America and, most recently, Europe and the Hills Pet Nutrition business. As chief operating officer of global innovation and growth, he oversaw Colgate-Palmolive’s growth strategy, consumer and customer innovation, and operational productivity strategies and plans. He also led the company’s innovation strategy, focusing on new business models, core categories and emerging business opportunities.
Before joining Colgate-Palmolive, Fabian worked at the Timberland Co., managing Timberland’s international operations. And priot to that, Fabian served as president of Chanel in the Asia-Pacific region, responsible for the Chanel fashion, fine jewelry and watches, and fragrance and beauty lines in the region.
Fabian began his career at Procter & Gamble Co., holding positions of increasing responsibility in marketing and general management in Venezuela, the United States, Colombia, Taiwan and Japan. His last assignment at P&G was as president of the Max Factor business in Japan and Asia-Pacific.
“I want to welcome Fabian as Revlon’s president and CEO,” Revlon chairman Ronald Perelman stated. “Fabian has demonstrated a long track-record of success at Colgate in terms of driving growth and profitability, and in successfully leading and expanding global organizations. He has the global strategic, marketing, sales, financial and operational leadership experience to successfully lead Revlon into the future.”