Rihanna will step down as CEO of SavageXFenty, and will be replaced by Hillary Super, former CEO of Anthropologie Group.
The decision was taken by Rihanna herself, with the aim of expanding the business beyond e-commerce.
She will remain the company’s executive chairman.
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.
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