image

Love Wellness Appoints Maria Dempsey as its New CEO

By: GWL Team | Thursday, 16 March 2023

Today, Lauren Bosworth's entire body women's health business, Love Wellness, announced the hiring of Maria Dempsey as CEO. Dempsey brings more than 30 years of experience and a demonstrated track record of executive and organizational leadership, strategic brand vision, product innovation, and retail and digital successes to Love Wellness after holding senior positions at NEST New York, Lancôme, John Frieda, and Clarins.

The next stage of Love Wellness' hyper-growth mode will be driven by Maria, and Bosworth expressed his excitement at having her on board. "I've always wanted to make the brand as accessible to women as possible, and as our team and business expand, Maria is positioned to support me in realizing my goals for this industry and business."

Dempsey will expand on Love Wellness' strong foundation in women's well-being as its chief executive officer to offer great innovation in personal care. Bosworth will continue to serve as the company's founder while assuming the position of Chairwoman of the Board, where she will be responsible for directing the execution of brand marketing, product development, and retail strategy to promote growth in current retail channels and expansion into new markets.

"I am so inspired by the community at Love Wellness, and I am so delighted with what Lauren and her colleagues have created," said Dempsey. "I consider myself extremely lucky to be given the chance to lead and develop this incredible business and team at such a crucial juncture. We have a significant chance to create new product categories, improve our online presence, and broaden our retail reach."

Dempsey started her career in the cosmetics sector in 1987 at L'Oréal, where she spent 12 years working in marketing on the Lancome division before rising to the position of Vice President of Marketing, Facial Skincare, Sun, Body, and Fragrances. She served as John Frieda Hair Care's vice president of marketing from 1999 to 2003, during which time she made significant contributions to the company's growth through innovation and solid retail relationships.

Dempsey served in several senior and executive management roles at Clarins from 2008 to 2017, most recently as Executive Vice President of Marketing for the Americas, the United Kingdom, and Travel Retail. Before joining Clarins, Dempsey served as president and board chair of HM Mane Solutions, her own start-up company that introduced the ground-breaking EasyStraight line of at-home hair care products sold in Australian and American drugstores.

Managing Director of Encore Consumer Capital and Love Wellness board member Kate Wallman remarked that Maria provides extensive industry knowledge that will help the company as it continues on its rapid development trajectory. We are overjoyed that she has joined the group.

About Love Wellness:

The top female-centric wellness business, Love Wellness is committed to whole-body care. The company, which was established in 2016 by Lauren Bosworth, is dedicated to fostering a more transparent and honest self-care culture for women. Love Wellness is a community-driven initiative that aims to educate and inform women so they may feel fully in charge of their health. To assist women in addressing concerns including gut health, stress, sex, and skin care, Love Wellness offers better-for-you goods like tailored and efficient nutritional assistance, personal care items, and supplements.

About Encore Consumer Capital:

A private equity investment company with a specific consumer products sector emphasis, Encore Consumer Capital is situated in San Francisco. The company has invested in over 35 firms in the industry and raised over $600 million in equity financing. The company focuses on businesses with annual revenues of $10 million to $100 million, where Encore's strong expertise in developing strategies, building brands, optimizing the production and supply chain, and expanding distribution may assist boost performance.