Current:Home > FinanceRihanna Steps Down as CEO of Savage X Fenty, Takes on New Role -Core Financial Strategies
Rihanna Steps Down as CEO of Savage X Fenty, Takes on New Role
View
Date:2025-04-18 05:18:51
Rihanna is welcoming a new CEO to stand under the Savage X Fenty umbrella.
The singer, who has been the Chief Executive Officer of the lingerie company since she founded it in 2018, will step down from the role June 26, according to Vogue Business June 23. Rihanna appointed Hillary Super, who was the former CEO of Anthropologie Group, to take over her position.
Despite the change, the 35-year-old still has business on the brain and will remain 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 said in a statement obtained by Vogue Business. "This is just the beginning for us, and we're going to continue to expand in ways that always connect with the consumer."
Sharing her excitement for the future of her brand, the Grammy winner added, "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."
Hillary—who also held leadership positions at American Eagle, Guess, Old Navy and gap—echoed Rihanna's sentiments.
Sharing in a statement of her own to Vogue Business, she noted, "I'm thrilled to join the Savage X Fenty family. The brand is a major powerhouse in the lingerie and apparel industry, and its unwavering commitment to celebrating inclusivity and fearlessness is inspiring."
The change in leadership comes a month after Rihanna celebrated the fifth anniversary of Savage X Fenty. The "Umbrella" artist, who is expecting her second baby with A$AP Rocky, bared her bump in a sultry photoshoot to mark the milestone.
RiRi dressed in a black bralette and boxers from the label, paired with black heels and a sleek hairstyle with bangs. She posed in an office set—printer and filing cabinets included—and thew paper around as she posed for the camera.
Rihanna cheekily captioned the May 11 Instagram, "it's giving…call HR!!"
Along with Savage X Fenty, Rihanna launched her cosmetics company Fenty Beauty in 2017 and continues to serve as CEO. The brand is worth $2 billion, Forbes estimated in August 2021.
veryGood! (13)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Police suggested charging a child for her explicit photos. Experts say the practice is common
- Manslaughter charge added against Connecticut teen who crashed into police cruiser, killed officer
- Man rescued dangling from California's highest bridge 700 feet above river
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Bulgaria expels a Russian and 2 Belarusian clerics accused of spying for Moscow
- Frank James' lawyers ask for 18-year sentence in Brooklyn subway shooting
- Minnesota approves giant solar energy project near Minneapolis
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Baby, one more time! Britney Spears' 'Crossroads' movie returns to theaters in October
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 1.5 million people asked to conserve water in Seattle because of statewide drought
- As mayors, governors scramble to care for more migrants, a look at what’s behind the numbers
- Indonesia imprisons a woman for saying a Muslim prayer before eating pork in a TikTok video
- Intel's stock did something it hasn't done since 2022
- 'A deadly predator': 2nd yellow-legged hornet nest, murder hornet's relative, found in GA
- Biometrics could be the key to protecting your digital ID: 5 Things podcast
- Tropical storm warnings issued on East Coast: What to expect
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Salma Hayek Says Her Heart Is Bursting With Love for Daughter Valentina on Her 16th Birthday
Israel strikes alleged Syrian military structures. It says the buildings violated a 1974 cease-fire
Bears GM doesn't see QB Justin Fields as a 'finger pointer' after controversial remarks
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
The former head of a Florida domestic abuse agency has been charged with fraud and grand theft
Senate confirms new army chief as one senator’s objection holds up other military nominations
Humans harassing, taking selfies with sea lions prompts San Diego to close popular beaches