Seasoned Executive Brings More Than 25 Years of Financial Strategy Experience and Extensive Background in Health, Beauty, and Wellness Markets
November 13, 2023 08:00 AM Eastern Standard Time
NEW YORK–(BUSINESS WIRE)–Modere (or the “Company”), a global, clean lifestyle, health & wellness brand of household, and beauty & personal care products, today announced the appointment of Greg Gittens as Chief Financial Officer (“CFO”), effective immediately.
Mr. Gittens, a seasoned finance executive with more than 25 years of experience in financial strategy and operations management, will work closely with the senior executive team to drive growth and gross margin improvement.
Prior to joining Modere, Mr. Gittens served as a Partner at Emil Capital Partners since 2022, where he provided senior advisory services on financial strategies and business initiatives, contributing to profitable financial results across the company’s diverse portfolio. His background extends to both domestic and international health, beauty, and wellness consumer product markets.
Before his role at Emil Capital Partners, Mr. Gittens served as CFO for Stila Cosmetics, LLC, where he provided financial leadership and directed the company’s long-range strategic and financial operating plan. This included driving product innovation, expanding into new markets, and securing long-term sales contracts. His career also includes leadership roles at Estee Lauder Companies, Origin Brands, and the Ralph Lauren Corporation, among others, where he earned a reputation as a strong, hands-on organizational leader known for exceptional collaboration and visionary use of technology to enhance management decision-making.
“I am honored to join the talented Modere team at such an exciting time for the Company,” Mr. Gittens said. “Through the successful execution of its strategic priorities and the addition of key talent to bolster its leadership team, Modere is well positioned to capitalize on new growth opportunities to provide its clean health and wellness products to more consumers around the world. I’m eager to begin working with my colleagues and will lean on my experience and expertise to support our mission to establish Modere as a world-class, global brand.”
About Modere
Modere (www.modere.com) is an omnichannel, consumer products company that develops and markets clean health & wellness products through ecommerce and direct-to-consumer channels. The company’s branded, award-winning portfolio of science-backed clean lifestyle products includes beauty and personal care, nutrition and household essentials that are clinically validated, US EPA Safer Choice-approved, EWG Verified™, NSF Certified, gray-water appropriate, and formulated without the use of thousands of controversial chemicals and compounds. This holistic live clean philosophy drives every aspect of the brand, going beyond its ingredient paradigm to encompass business operations, company culture, community activism and environmental advocacy.
Modere is a portfolio company of Z Capital Partners, L.L.C., the private equity arm of Z Capital Group, L.L.C. (“ZCG”) (www.zcg.com), a leading private markets asset manager.
About ZCG
ZCG is a leading, privately held merchant bank comprised of private markets asset management, business consulting services, technology development and solutions.
For almost 30 years, ZCG Principals have invested tens of billions in capital and have industry leading track records in private equity and credit.
ZCG has approximately $7B of AUM in asset management and its investors are some of the largest and most sophisticated global institutional investors including pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies.
ZCG has a global team comprised of over 400 talented professionals. For more information, please visit www.zcg.com.
Contacts
Joele Frank, Wilkinson Brimmer Katcher
Tim Ragones / Kate Thompson / Erik Carlson
212-355-4449
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