Revlon to emerge from bankruptcy within days with new board

Revlon (OTCPK:REVRQ) announced on Monday that it has formed a new board for the reorganized company that will come out of bankruptcy.

The board is said to include leaders with proven track records of driving operational and financial performance at some of the world’s most recognizable consumer brands, as well as significant corporate governance and management experience to help support Revlon’s (OTCPK:REVRQ) business transformation and long-term growth strategy.

The new members of reorganized Revlon’s (OTCPK:REVRQ) board will include Elizabeth Smith as Executive Chair. She is the former Executive Chairman and Chief Executive Officer of Bloomin’ Brands, Inc., former Chair of the Federal Reserve Bank of Atlanta, and former President of Avon Products, Inc.

Revlon’s (OTCPK:REVRQ) emergence from Chapter 11 is expected to occur in the coming days.