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Grace Ray

Gryphon’s Milani Cosmetics names David Berk CFO

Gryphon’s Milani Cosmetics names David Berk CFO

SAN FRANCISCO — Milani Cosmetics, a leading “masstige” beauty company, announced it has appointed industry veteran David Berk as chief financial officer. Berk reports to chief executive officer Grace Ray. San Francisco-based private equity firm Gryphon Investors acquired a majority stake in the company last June. Matt Farron, principal at Gryphon, said, “We are focused on building out Milani’s executive

Grace Ray named CEO of Milani Cosmetics

Grace Ray named CEO of Milani Cosmetics

Grace Ray has been named chief executive officer of Milani Cosmetics, effective July 31. She succeeds Michelle Taylor, who will become the company chairman. Taylor replaces Dennis O’Brien,  ap artner at Gryphon Investors, who served as interim chairman after Gryphon acquired a majority stake in Milani last month. Ray most recently served as CEO of hair care