Nest appoints new CEO
Nest New York announced on Thursday the appointment of Edgar Huber as chief executive officer, effective March 1.
With over 30 years of executive experience leading consumer products companies, Huber most recently served as global chief commercial officer of consumer beauty, luxury, and professional beauty products at Coty, Inc., after serving as president of Coty luxury.
Before that, the beauty executive served as president and CEO of American lifestyle brand Lands' End from 2011 to 2015. From 1992, he worked at L'Oréal for more than 15 years in various brand and market leadership positions managing a portfolio of global beauty brands that included Lancôme, Kiehl's Since 1851, YSL Beauty, Giorgio Armani Cosmetics, Ralph Lauren Fragrances, and Viktor & Rolf.
"To say that I feel privileged and honored to welcome Edgar Huber as Nest's next CEO is a broad understatement," said Laura Slatkin, founder and executive chairman of Nest New York.
"Edgar is a strategic and highly respected business leader whose impressive experience, global gravitas, and proven track record will surely put NEST on the fast track to achieving our ambitious growth plan. I am very much looking forward to partnering closely with Edgar as we embark on this journey together."
Huber succeeds Maria Dempsey, who served as CEO of Nest from January 2019 and departs the company "for a new opportunity," according to the U.S. fragrance brand.
The appointment comes after Eurazeo sold its majority stake in Nest to North Castle Partners in November last year, with the former investment firm retaining minority ownership, alongside, Slatkin.
"I am very excited to join Nest New York and partner with its founder Laura Slatkin, the talented Nest team, and lead investor groups North Castle Partners and Eurazeo to expand this beautiful brand to its full global potential," said Huber. "As a longtime admirer and customer of the brand, I have had my eye on it for many years. Nest has become a deeply beloved, sought-after brand that is uniquely positioned in the fragrance market to attract and delight new customers all over the world."
Copyright © 2023 FashionNetwork.com All rights reserved.