.EmilyWWeiss is stepping down as glossier’s chief executive officer.
’s website, chief commercial officer Kyle Leahy will take the top slot, effective immediately. Weiss will stay on as executive chairwoman.“I will always befounder. But a CEO is the champion that a company looks to, to lead it into tomorrow,” the post read. “From my observation, the greatest companies in the world understand this distinction and make sure that the CEO seat is always filled with the right person to take it where it needs to go for its brightest next chapter.
The company closed an $80 million funding round in 2021, bringing its total venture capital backing to more than $265 million. Then,that Google searches for Glossier had declined more than 50 percent, according to Spate, while Tribe Dynamics noted the brand’s earned media value fell 45 percent. The company laid off a massive portion of its staff earlier this year, and has been focusing more on new store efforts.
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