Revlon Inc. is looking for its third top rated lawyer this calendar year soon after the departure of performing normal counsel Penny Tehrani-Littrell.
Tehrani-Littrell had been performing authorized chief pursuing the Feb. 1 exit of former standard counsel Cari Robinson. Tehrani-Littrel joined Revlon final September as a deputy standard counsel and company secretary, and her LinkedIn profile shows she has now still left the cosmetics firm soon after just eight months.
“Revlon has a deep and talented legal team currently staying overseen by the senior users of the team,” Revlon said in a statement. “We go on to actively recruit for our up coming common counsel.”
The Ronald Perelman-owned enterprise has been reshaping its lawful team over the past 12 months after remodeling its personal debt load and steering clear of personal bankruptcy in late 2020.
Tehrani-Littrell didn’t react to a request for comment.
Prior to joining Revlon she put in 16 several years as a corporate attorney for Nomura Keeping The united states Inc., as explained in a 2020 profile of the New York native by the publication Modern day Counsel. Tehrani-Littrell started the to start with 5 a long time of her lawful job as a litigation affiliate at Stroock & Stroock & Lavan.
Tehrani-Littrell on an interim basis experienced changed Robinson, a previous in-household law firm who put in almost two many years at Intercontinental Business enterprise Equipment Corp. just before staying recruited by Revlon in 2019 to do well Mitra Hormozi as common counsel. Bloomberg Law noted earlier this month on Robinson’s departure from Revlon.
Robinson, who did not reply to a request for remark, and Hormozi are equally former federal prosecutors.
Authorized Turnover
Tehrani-Littrell took about Revlon’s corporate secretary part very last year from Grace Fu, a former top law firm at Barneys New York Inc. who left very last July to develop into general counsel for on the net travel business Kayak and its affiliated cafe reservation services OpenTable.
Revlon built numerous legal additions around that very same time, bringing on previous MasterCard Inc. attorney Alison Hinds-Pearl as an assistant typical counsel and chief compliance officer, as very well as introducing former Proskauer Rose senior affiliate Seth Fier as a vice president of regulation and litigation.
Revlon also employed former Simpson Thacher & Bartlett affiliate Elise Quinones as a senior company counsel.
Revlon’s most recent yearly proxy statement, filed April 21, lists only two executives amongst the maximum-paid at the New York-based business.
Perelman’s daughter, Debra Perelman, acquired approximately $6.8 million in whole compensation final 12 months in her purpose as president and chief government officer at Revlon, even though main money officer Victoria Dolan been given pretty much $2.3 million in total compensation throughout 2021.
Barry Schwartz, a former typical counsel-turned-emeritus vice chairman of Perelman’s keeping organization, MacAndrews & Forbes Inc., received a lot more than $133,700 in full compensation—about $110,000 of that sum in cash—last 12 months in his function as a Revlon board member.
MacAndrews & Forbes has a new lawful main in former Justice Department formal Andrew Weissmann. The previous Jenner & Block companion, as noted by Bloomberg Regulation, is the third top law firm in three yrs at MacAndrews & Forbes.
Modifying Roles
Revlon is not the only firm in the private care house to make alterations to its lawful group in modern months.
Unilever PLC, the London-dependent shopper merchandise huge that owns magnificence brands like Axe, Dove, and Vaseline, tapped Maria Varsellona to succeed its retiring chief lawful officer and company secretary Ritva Sotamaa as of April 1.
Varsellona, a previous prime attorney at Nokia Corp., experienced given that mid-2019 served as general counsel for European engineering business ABB Ltd.
Tarte Cosmetics, a magnificence brand name with an all-feminine leadership team owned by Japan’s Kosé Corp., introduced in December it experienced introduced back previous authorized adviser Veronica Iuliano to be its basic counsel. Iuliano experienced earlier worked in-home at Stone Stage Capital LLC and in non-public apply at now-defunct Dewey Ballantine.
