The Honest Company names new board members
The Honest Company, the baby and beauty products brand founded by actress Jessica Alba and backed by L Catterton, announced on Friday an updated board of directors, effective upon it becoming a public company.
James White, former chairman, president and CEO of Jamba, Inc., will join The Honest Company’s board with nearly 30 years of professional experience in the CPG and retail industries. He is also a current board member of Affirm Holdings Inc., Medallia, Inc., The Simply Good Foods Company and Adtalem Global Education Inc. When he officially joins The Honest Company’s board of directors, White will equally become its new chair of the board.
Likewise, Susan Gentile, chief financial and administrative officer of H.I.G. Capital Management, will join the company’s board of directors. Gentile will bring more than 25 years of experience in the finance sector across various industries to the board. Her responsibilities at H.I.G. Capital included the firm’s accounting, tax, information technology, human resources, administration, and real estate operations worldwide. Prior to joining H.I.G. Capital, she held senior roles at Oaktree Capital Management.
“We are pleased to welcome James and Susan to our board of directors, each bringing a tremendous amount of experience and insight to our work,” said Nick Vlahos, CEO of The Honest Company.
“James and Susan will join Honest at an exciting time as we continue to deepen our relationship with our consumers and fulfill our mission of inspiring everyone to love living consciously. We are confident that they will help drive our business forward.”
The Los Angeles-based company, founded in 2012, officially filed for an initial public offering earlier this month.
In the prospectus, the company shared that its revenue climbed 28 percent to $300 million for the year ended December 31, 2020, up from $235.6 million in 2019. Net loss for the period also narrowed to $14.5 million from $31.1 million a year earlier.
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