• Gryphon Invests in Milani, Michelle Taylor Named Interim CEO

    6 days ago - By WWD

    Makeup brand Milani has scored a majority investment from private equity firm Gryphon Investors.
    As part of the deal, prestige beauty veteran Michelle Taylor will become interim chief executive officer. She is an executive adviser to Gryphon. Before that, she was chief executive officer of Kate Somerville Skin Care. Taylor has also worked for Kiehl's, Lancôme, L'Oréal USA, Chanel and Elizabeth Arden. While Taylor is on board for now, the business is on the hunt for a permanent ceo.
    Terms of the transaction were not disclosed, but industry sources estimated the deal is valued between $450...
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