Revlon adds CFO duties to COO role as Figuereo retires

NEW YORK — Revlon is losing one of its executives who played a key role in its acquisition of Elizabeth Arden. The company on Tuesday announced the retirement of CFO Juan Figuereo, who joined the company in April 2016.

Revlon said that with the Elizabeth Arden acquisition complete and the transition under way, COO Chris Peterson would assume direct responsibility for the CFO role, effective immediately, in addition to his role overseeing finance, supply chain and IT functions.

Peterson joined Revlon in April from Ralph Lauren, where he was president global brands since 2015, having joined the company as SVP and CFO in 2012.  In that role, he oversaw the company’s global brand presidents, investor relations, IT and real estate. Before Ralph Lauren, he spent 201 years in carious roles at Procter & Gamble.

"I’d like to thank Juan for his contributions and leadership throughout the successful acquisition of Elizabeth Arden and the early stages of its integration,” Peterson said. “Our integration is on track and, as we have reported, exceeding our initial synergy expectations. We are excited to have Chris take on the CFO role in order to continue this momentum as we execute on our strategy to drive long-term growth.”