P&G Named Colin Walsh the New CEO of its Specialty Beauty Division

Colin Walsh, the CEO of Ouai, has been named the new CEO of Procter & Gamble's Specialty Beauty division.

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Colin Walsh, who served as the CEO of hair care brand Ouai, has been appointed as the new CEO of P&G's Specialty Beauty division. Before joining Ouai, he was the CEO of Devacurl. He will be succeeding Chris Heiert, who is set to retire in the coming month after working with P&G for nearly 25 years.

Chris Heiert has been the CEO of P&G's Specialty Beauty division since it was established in March 2022. The division was created to oversee P&G's brands that operate in specialty and/or prestige retail channels, including both brick-and-mortar and direct-to-consumer channels.

Alex Keith, CEO of P&G Beauty said: “Chris’ decades-long contributions to P&G Beauty are simply remarkable, and I’m especially grateful for his leadership these past 18 months to successfully bring together our Specialty brands,”

P&G's Specialty Beauty division includes several brands acquired by P&G in late 2021, including skin care lines Farmacy and Tula Skincare. Additionally, Ouai, a hair care business that was acquired by P&G in 2021, is also part of the Specialty Beauty division, as well as First Aid Beauty, which P&G acquired in 2018.

As the new head of P&G's Specialty Beauty division, Colin Walsh will be responsible for driving the growth and development of all the brands within the division. He will work closely with the current CEOs of each brand, including Savannah Sachs of Tula, Mina Chae of Farmacy, and John Drake of First Aid Beauty, to oversee their progress. Despite taking on this new role, Walsh will continue to serve as the CEO of Ouai.

In FY23 Q3, P&G delivered $20.1 billion in net sales and saw growth of 4%. with organic sales rising by 7%.