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Glenn Murphy will remain as Executive Chair to provide continuity as well as strategic advice to the new CEO and the leadership team.
February 12, 2026
By: Rachel Klemovitch
Assistant Editor
The Wella Company appointed Calvin McDonald as the company’s next Chief Executive Officer, effective April 2, 2026. McDonald will also be appointed to the company’s Board of Directors and will be based in New York.
McDonald is a leader across multiple portions of the consumer space. As President and CEO of Sephora Americas, a division of the LVMH group of luxury brands, he oversaw five consecutive years of double-digit growth, transformed Sephora into a market leader in the Americas, and grew haircare into the company’s fastest-growing category.
McDonald has built a strong foundation for innovation, positioning Sephora as an industry pioneer with the ability to anticipate trends and incubate brands to meet evolving consumer needs.
Glenn Murphy, Executive Chair, said,
“We are delighted to welcome Calvin to The Wella Company. As a three-time CEO, he brings decades of experience at industry-leading global consumer brands and retail businesses. Calvin’s proven ability to drive results through product differentiation, category expansion, and smart investments will help us win in the dynamic beauty sector.”
McDonald most recently served as CEO of lululemon athletica inc., where he guided the company through a period of significant growth and innovation, more than tripled annual revenues, and broadened global reach to over 30 geographies.
Under KKR’s ownership, The Wella Company has been transformed into a global powerhouse of iconic brands that both professionals and consumers trust.
The company’s robust brand portfolio includes Wella Professionals, Sebastian Professional, OPI, ghd, Nioxin, and Clairol. Over the past few years, the team has further elevated the brands, refined the innovation pipeline, and built a solid foundation for long-term sustainable growth.
Beauty Brands’ President & CEO Appointments of 2026
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