Five years ago pop star Rihanna launched the Savage X Fenty lingerie brand forcing Victoria Secret out of the top spot with her all inclusive models [click here if you missed that].
Now Rihanna has stepped down as CEO...
From Vogue Business
Savage X Fenty, the lingerie brand co-owned by music star Rihanna and investors including LVMH, has a new CEO. Rihanna, who has held the position since she founded the lingerie brand in 2018, is stepping down from the role to be replaced by Hillary Super, former CEO of Anthropologie Group.
The switch is effective from 26 June. Rihanna, whose personal net worth is estimated at more than $1.4 billion, remains in a leadership role as executive chair.
“It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years,” Rihanna says. “This is just the beginning for us, and we’re going to continue to expand in ways that always connect with the consumer. I’m so grateful and excited to welcome Hillary Super as our new CEO — she is a strong leader and is focused on taking the business to an even higher level.”
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