The Honest Company Announces Appointment of Dave Loretta as Chief Financial Officer
LOS ANGELES, Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Honest Company, a digitally-native consumer products company dedicated to creating clean- and sustainably-designed products spanning baby care, beauty, personal care, wellness and household care, today announced Dave Loretta, seasoned finance executive, as the Company's new Chief Financial Officer, effective September 25, 2023.
"I am pleased to have Dave join Honest as our Chief Financial Officer. He brings a strong track record of driving financial strength and scale across a wide range of modern companies with innovative business models. Dave's deep knowledge of premium retailing, consumer-centric digital experiences, investor relations, and core financial fundamentals set him apart. As a seasoned public-company CFO with an entrepreneurial spirit, Dave will make a strong addition to our team as we continue scaling Honest to become a larger, more vibrant, and more widely available brand than it is today," said Carla Vernón, CEO of The Honest Company. "As a leader that has successfully grown revenue at a public company by more than 80%, we're confident that Dave has what it takes to drive our transformation forward with improved cash flow, increased profitability and higher shareholder value."
Reporting directly to Vernón, Loretta will work alongside Honest's executive leadership team and lead the Finance, Accounting and Investor Relations organizations. As CFO, he will also work hand-in-hand with leadership to continue strategically executing the Company's Transformation Initiative, focused on Brand Maximization, Margin Enhancement ...