The cosmetics company has appointed a new Director to its Board after mounting pressure from the private equity firm
e.l.f. Beauty, the US cosmetics company, has reached an agreement with private equity firm Marathon Partners Equity Management and its affiliates.
Terms include the appointment of Lori Keith, Portfolio Manager of Parnassus Investments’ US$5bn Mid Cap Fund, as an independent Director to the Board effective immediately.
The appointment of Keith to e.l.f.’s . . .
This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.
Subscribe now to premium content on Cosmetics Business