UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2022
Commission File Number: 001-40207
Waldencast plc
(Translation of Registrant’s name into English)
10 Bank Street, Suite 560
White Plains, New York, 10606
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
WALDENCAST PLC
On September 16, 2022, the Board of Directors of Waldencast plc (the “Company”) appointed Philippe Gautier as the Chief Financial Officer and Chief Operating Officer of the Company, with such appointment to be effective as of October 19, 2022. In connection with such appointment, Hind Sebti, the Company’s Chief Growth Officer, will step down from her additional role as Chief Operating Officer. In this position, Mr. Gautier will also serve as the principal financial officer of the Company. The role of principal financial officer was previously held by Michel Brousset, Chief Executive Officer, and the principal executive and accounting officer, of the Company.
Mr. Gautier, age 55, most recently served as Group Chief Financial Officer at Selecta, a KKR portfolio company. Prior to this, he spent five years as Group Chief Financial Officer and Operations, for SMCP, previously a KKR portfolio company and parent company of Parisian fashion labels Sandro, Maje, Claudie Pierlot and De Fursac. For more than a decade, Mr. Gautier served as Chief Financial Officer within the Kering Group for global brands Sergio Rossi and Puma in North America. Mr. Gautier began his career at HSBC asset management in Tokyo. Mr. Gautier holds a Master of Science in Management from HEC Paris.
Mr. Gautier has no family relationships with any current director, executive officer, or person nominated to become a director or executive officer, of the Company, and there are no transactions or proposed transactions, to which the Company is a party, or intended to be a party, in which Mr. Gautier has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K.
A copy of the press release announcing Mr. Gautier’s appointment is attached as Exhibit 99.1 to this Report on Form 6-K and is incorporated by reference herein.
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EXHIBIT INDEX
| EXHIBIT NO. | DESCRIPTION | |
| 99.1 | Waldencast plc press release, dated September 27, 2022 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Waldencast plc has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Waldencast plc | |||
| (Registrant) | |||
| Date: September 27, 2022 | By: | /s/ Michel Brousset | |
| Name: | Michel Brousset | ||
| Title: | Chief Executive Officer | ||
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Exhibit 99.1
Waldencast plc Names Philippe Gautier Chief Financial Officer and Chief Operating Officer
September 27, 2022 – New York, NY – Waldencast plc, (NASDAQ: WALD) (“Waldencast” or “the Company”), a global multi-brand beauty and wellness platform, today announced that Philippe Gautier will join the Company as Chief Financial Officer and Chief Operating Officer on October 19, 2022. In this role, Mr. Gautier will also serve as the principal financial officer of the Company.
Mr. Gautier comes to Waldencast following a successful, thirty-year career leading the finance and operations areas of prestigious global consumer companies. Most recently, Mr. Gautier served as Group Chief Financial Officer at Selecta – a KKR portfolio company. Prior to this, he spent five years as Group Chief Financial Officer and Operations, for SMCP (Sandro, Maje, Claudie Pierlot, De Fursac). In addition, for more than a decade, Mr. Gautier served as Chief Financial Officer of major brands at Kering, including Sergio Rossi and Puma, working in Italy and in the United States. Mr. Gautier began his career at HSBC asset management in Tokyo.
Michel Brousset, Waldencast’s Founder and CEO states, “We are pleased to attract Philippe to Waldencast and believe his vast financial and operational experience, business acumen and proven track record of delivering financial improvement and operational excellence while acquiring, integrating, nurturing, and developing global luxury consumer brands will be highly valuable to us as we position Waldencast to achieve its ambition to build out a world class portfolio of beauty and wellness brands.”
“I am thrilled to join Waldencast and bring my experience to elevate the solid foundation that has been created to advance the company’s ambition to build a global best-in-class beauty and wellness multi-brand platform,” said Mr. Gautier. “I look forward to working with the Waldencast team and contributing to the success of this incredible growth company for many years into the future.”
About Waldencast
Founded by Michel Brousset and Hind Sebti, Waldencast’s ambition is to build a global best-in-class beauty and wellness operating platform by developing, acquiring, accelerating, and scaling conscious, high-growth, purpose-driven brands. Waldencast’s vision is fundamentally underpinned by its brand-led business model that ensures proximity to its customers, business agility and market responsiveness, while maintaining each brand’s distinct DNA. The first step in realizing its vision was the business combination with Obagi Skincare and Milk Makeup. As part of the Waldencast platform, brands will benefit from the operational scale of a multi-brand platform, expertise in managing global beauty brands at scale, a balanced portfolio to mitigate category fluctuations, asset-light efficiency and the market responsiveness and speed of entrepreneurial indie brands. For more information please visit: https://ir.waldencast.com/.
Contacts:
Investors
ICR
Allison Malkin/Annie Erner/Nina Weiss
waldencastir@icrinc.com
Media
ICR
Brittney Fraser/Alecia Pulman
waldencast@icrinc.com