Big things are happening at Beauty by Imagination (BBI). ACON Investments recently announced that Doug Gillespie has been named Chief Executive Officer of the haircare company. For anyone not aware, BBI is the parent company for a number of industry-leading haircare brands including Wet Brush, Goody, Ouidad, Bio Ionic, and Curls, among others. With this new appointment, Gillespie succeeds current CEO Francesca Raminella, who joined the company in 2018.
“The BBI team has done a great job establishing an Omni-channel platform of iconic haircare brands with myriad opportunities ahead,” said Gillespie. “I am eager to apply my skills and experience to continue accelerating BBI’s top and bottom-line growth.”
With more than three decades of consumer product experience, Gillespie couldn’t be more suited for the role of CEO. He began his career in senior marketing roles at Fortune 500 companies including GE, Frito-Lay, and Brown-Forman, before progressing to the top leadership role at four separate middle-market CPG companies.
“Doug brings a wealth of relevant experience and a track record of success in consumer-driven businesses to this role,” said Suma Kulkarni, a member of BBI’s Board of Directors and Partner at ACON Investments. “We are excited to see him leverage his expertise in leading multi-brand portfolio companies to propel BBI’s next phase of growth and innovation.”
“We also would like to thank Francesca for her many contributions over the years and we wish her all the best in the future,” added Anjali Jolly, another member of BBI’s Board of Directors and Partner at ACON Investments.
To learn more about Beauty by Imagination, be sure to visit bbicompany.com/.