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Stock impact report

Olaplex's Former CEO Heads to Performance Beauty Group [Yahoo! Finance]

Olaplex Holdings, Inc. (OLPX) 
Company Research Source: Yahoo! Finance
The executive, who most recently served as the CEO of Olaplex Holdings Inc., is taking the same job at Performance Beauty Group, effective immediately. That group, which is owned by Texas-based private equity firm Gauge Capital, encompasses Grande Cosmetics, Bondi Boost, Babe Original, Flutter Habit, Lilly Lashes, Velour and Nutraluxe. More from WWD According to a statement from the company, “Wong will lead the group's continued growth as category leaders in lashes, brows, eyes, lips and hair. PBG has a distinct competitive advantage with leading category brands and dedicated manufacturing capabilities.” Wong succeeds Michael Dewey, whose next move could not be learned. “I am thrilled to lead PBG's portfolio of brands by increasing brand relevance with our end-consumers, deepening our relationships with our brand partners, and applying technology-first thinking to accelerate and scale growth,” Wong said in the statement. Although Wong has been a CEO several times over (incl Show less Read more
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