Exciting news from Rihanna! The pop star and beauty mogul, who founded the inclusive lingerie brand Savage X Fenty five years ago, has announced that she will be stepping down as chief executive to take on the role of executive chair. With her second child on the way, Rihanna will continue to guide the brand’s vision and growth from June 26th.
Savage X Fenty has been a game-changer in the industry, celebrating diversity and catering to women of all body types and skin tones. Along with Rihanna’s successful beauty range and music career, these ventures have helped her amass a net worth of $1.4bn, according to The Guardian.
In her statement, Rihanna expressed gratitude for the impact Savage X Fenty has had on the industry and promised to continue expanding in ways that connect with consumers. Taking her place as CEO will be Hillary Super, a strong leader and former chief exec of the Anthropologie Group. Rihanna is thrilled to welcome her and looks forward to taking the business to even greater heights.