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NEW YORK — Ethnic hair care company Johnson Products has announced that its CEO, Eric Brown, will become executive chair as the company restructures and prepares for future growth.
Succeeding Brown as CEO is Gabrielle Greene, who has worked in the financial services industry for more than 25 years. She serves on several corporate boards, including Whole Foods and Stage Stores.
In his new role, Brown will be actively involved with JPC, as well as focused on strategic initiatives and potential acquisitions.
Renee Cottrell-Brown will remain in her current role as chief marketing officer.
“During my tenure as CEO of Johnson Products Co., I have been extremely proud of all that we have accomplished since acquiring the company in 2009,” Brown stated. “As we prepare for the future, my new role as executive chair will now allow me to focus on important strategic initiatives that will make JPC stronger.”
In March 2009, Brown led the acquisition of Johnson Products from Procter and Gamble with the combined investments of RC Fontis, St. Cloud Capital and Plus Factor. At that time, the strategic direction for JPC was to strengthen the company’s signature brands, Ultra Sheen and Gentle Treatment, in the United States and around the world. Within the first 18 months after the acquisition, JPC saw 20% growth in revenues under Brown’s leadership.