Olaplex is losing top employees as it faces falling sales and a hair-loss lawsuit
Eight key employees, including two C-suite executives and three vice presidents, have left the company since October, according to an Insider review of recent announcements and a source who provided evidence that work accounts for those people had been deactivated.
Juliane Park, Olaplex's chief transformation officer, resigned from the company in March, according to a source familiar with the departure. In October, Tiffany Walden, the company's chief operating officer, left that role and vacated a seat on Olaplex's board, according to a company filing. Walden's LinkedIn profile says her tenure at Olaplex spanned multiple roles over nearly seven years.
Kathy Lewis, Olaplex's vice president of education, had been on"contracted sabbatical" since December, according to her LinkedIn profile. The hair-care brand WellaOlaplex said it does not comment on"personnel changes or employment status." "The company that Olaplex was three years ago is not the same company it is today," said Frances Mazur, the president of Mazur Group, which specializes in executive recruiting for the beauty industry. Olaplex has been one of its clients.
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