Revlon Appoints David J. Schwartz as General Counsel

NEW YORK--(BUSINESS WIRE)--Revlon Group Holdings LLC (“Revlon” or the “Company”) today announced that David J. Schwartz has been appointed to the role of General Counsel. Mr. Schwartz will join Revlon effective February 12^th and will report directly to Chief Executive Officer Elizabeth (Liz) Smith.

Mr. Schwartz brings more than two decades of experience leading legal affairs for public and private global companies in the consumer space. He has served as the General Counsel for organizations including Hudson’s Bay Company and Toys“R”Us.

Andrew Kidd, Revlon’s General Counsel, will depart from his role on February 23^rd to return to his home in Texas.

Liz Smith said: “I am excited to welcome David to Revlon. He will be a valuable addition to our executive leadership ranks as we take decisive steps to execute our business transformation and continue to drive Revlon’s next phase of growth. David’s expertise across corporate law, intellectual property, compliance, litigation, real estate and M&A, as well as his global background, make him ideally suited to lead our legal group.

Ms. Smith continued: “I would also like to wholeheartedly thank Andrew for his service as an integral member of our leadership team. His deep restructuring expertise was essential as we worked through the bankruptcy process and closed that chapter of Revlon’s history. I wish Andrew all the best in his future endeavors.”

David J. Schwartz Biography

Mr. Schwartz joins Revlon from Hudson’s Bay Company, where he most recently served as Executive Vice President, General Counsel and Corporate Secretary. While at Hudson’s Bay, he led legal efforts including managing joint ventures, licensing arrangements, M&A activity and other complex commercial transactions related to that company’s Canadian, U.S. and global assets. He previously spent 15 years with Toys“R”Us, serving as General Counsel for over a decade. Prior to Toys“R”Us, Mr. Schwartz was a corporate partner at Anderson, Kill & Olick, P.C.

Mr. Schwartz holds a B.A. in economics from Duke University, a J.D. from the University of Pennsylvania School of Law, and an M.B.A. from Columbia University Business School. He is a member of the New York, New Jersey and Washington D.C. Bars.

About Revlon Group Holdings LLC

Revlon Group Holdings LLC (“Revlon”) has developed a long-standing reputation as a color authority and beauty trendsetter in the world of color cosmetics and hair care. Since its breakthrough launch of the first opaque nail enamel in 1932, Revlon has provided consumers with high quality product innovation, performance and sophisticated glamour. In 2016, Revlon acquired the iconic Elizabeth Arden company and its portfolio of brands, including its leading designer and celebrity fragrances. Today, Revlon's diversified portfolio of brands is sold in over 100 countries around the world in most retail distribution channels, including prestige, salon, mass, and online. Revlon is among the leading global beauty companies, with some of the world’s most iconic and desired brands and product offerings in color cosmetics, skincare, hair color, hair care and fragrances under brands such as Revlon, Revlon Professional, Elizabeth Arden, Almay, Mitchum, CND, American Crew, Creme of Nature, Cutex, Juicy Couture, Elizabeth Taylor, Britney Spears, Curve, John Varvatos and Christina Aguilera.

Forward Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes, targets or anticipates will or may occur in the future are forward-looking statements. The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors. The Company therefore cautions readers against relying on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on the Company’s behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.