The Honest Company

Founder Jessica Alba to Step Down from Role as Chief Creative Officer at The Honest Company Following a Record Q4 Performance

Retrieved on: 
Tuesday, April 9, 2024

With this growth vision in place and a strengthened business model, the company’s Founder Jessica Alba has determined that now is the right time to depart from her role as Chief Creative Officer, allowing her to shift her creative energy to new endeavors.

Key Points: 
  • With this growth vision in place and a strengthened business model, the company’s Founder Jessica Alba has determined that now is the right time to depart from her role as Chief Creative Officer, allowing her to shift her creative energy to new endeavors.
  • “As we reimagined the future of the business, we benefited greatly by having insights from our Founder Jessica Alba.
  • I am pleased Jessica will remain an advisor in her role as a member of our board of directors.
  • The Company re-affirms its full year revenue and adjusted EBITDA outlook communicated in its March 6, 2024, fourth quarter earnings release.

The Honest Company to Participate in the UBS Global Consumer and Retail Conference on March 14, 2024

Retrieved on: 
Friday, March 8, 2024

LOS ANGELES, March 08, 2024 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating clean- and sustainably-designed products, today announced that Chief Executive Officer, Carla Vernón and Chief Financial Officer, Dave Loretta will be participating in the UBS Global Consumer and Retail Conference in New York City on Thursday, March 14, 2024 at 3:00pm – 3:45pm E.T.

Key Points: 
  • LOS ANGELES, March 08, 2024 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating clean- and sustainably-designed products, today announced that Chief Executive Officer, Carla Vernón and Chief Financial Officer, Dave Loretta will be participating in the UBS Global Consumer and Retail Conference in New York City on Thursday, March 14, 2024 at 3:00pm – 3:45pm E.T.
  • A live webcast of the presentation can be accessed on the company’s investor relations website at https://investors.honest.com and a replay of the webcast will be available for a limited time.

The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, March 1, 2024

LOS ANGELES, March 01, 2024 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating clean- and sustainably-designed products, today announced that it made an inducement grant to Ms. Dorria L. Ball in connection with her employment as The Honest Company’s new Chief People Officer, effective January 2, 2024.

Key Points: 
  • LOS ANGELES, March 01, 2024 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating clean- and sustainably-designed products, today announced that it made an inducement grant to Ms. Dorria L. Ball in connection with her employment as The Honest Company’s new Chief People Officer, effective January 2, 2024.
  • Such grant was made under The Honest Company, Inc. 2023 Inducement Plan, which was approved and adopted on March 14, 2023, by the Company’s Compensation Committee of the Board of Directors.
  • The Compensation Committee granted Ms. Ball an aggregate of 208,757 restricted stock units under the 2023 Inducement Plan.
  • The grant was approved by the Compensation Committee on February 29, 2024, pursuant to a delegation by the Board of Directors and was issued as an equity grant pursuant to Nasdaq Listing Rule 5635(c)(4), as an inducement material to Ms. Ball entering into employment with The Honest Company.

The Honest Company to Report Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024

Retrieved on: 
Wednesday, February 21, 2024

LOS ANGELES, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating clean- and sustainably-designed products, today announced that it will report fourth quarter and full year 2023 financial results after the market closes on Wednesday, March 6, 2024.

Key Points: 
  • LOS ANGELES, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating clean- and sustainably-designed products, today announced that it will report fourth quarter and full year 2023 financial results after the market closes on Wednesday, March 6, 2024.
  • The Company will host an investor conference call and webcast to review fourth quarter and full year 2023 financial results at 1:30pm PT/4:30pm ET on the same day.
  • To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
  • A replay of the webcast will remain available on the Company’s website for one year.

Grove Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.

Key Points: 
  • DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.
  • Plastic Intensity Across the Entire Grove Business - including both Grove Brands and third-party products through online sales and retail partners - was 1.07 pounds of plastic4 per $100 in net revenue in the fourth quarter of 2023, an improvement from 1.11 pounds in the third quarter of 2023 and 1.08 pounds in the fourth quarter of 2022.
  • Plastic Intensity for Grove Brands Only across online and retail sales was 1.07 pounds of plastic per $100 in revenue in the fourth quarter of 2023, an improvement from 1.14 pounds in the third quarter of 2023, but up from 0.98 pounds in the fourth quarter of 2022.
  • Excluding this product category, Grove Brands plastic intensity was 0.57 pounds in the fourth quarter of 2023, an improvement from the third quarter of 2023 of 0.63 pounds but slightly up from 0.56 pounds in the fourth quarter of 2022.

Ordergroove Unveils Bundles Suite, Providing Brands with Limitless Ways to Delight Subscribers and Grow Recurring Revenue

Retrieved on: 
Wednesday, February 21, 2024

Ordergroove , the leader in subscriptions for established retailers and direct-to-consumer brands, is proud to introduce Ordergroove Bundles Suite.

Key Points: 
  • Ordergroove , the leader in subscriptions for established retailers and direct-to-consumer brands, is proud to introduce Ordergroove Bundles Suite.
  • Leveraging over a decade of expertise in helping brands and retailers develop bundle programs through its flexible data model, Ordergroove has now launched the most powerful and comprehensive subscription bundles experience on the market.
  • This comprehensive suite empowers merchants with unparalleled flexibility, enabling them to cater to diverse subscriber preferences with ease.
  • “At Good Ranchers, we knew our customers deserved a best-in-class subscriber experience,” said Jermain Gil, Chief Operating Officer, Good Ranchers.

50/50 WOMEN ON BOARDS KICKS OFF SECOND ANNUAL 50 WOMEN TO WATCH FOR BOARDS CAMPAIGN

Retrieved on: 
Friday, March 8, 2024

LOS ANGELES, March 8, 2024 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading global nonprofit education and advocacy organization driving the movement toward gender balance and diversity on corporate boards, kicks-off  its second annual 50 Women to Watch for Boards campaign on International Women's Day.

Key Points: 
  • "We are steadfast in our mission of amplifying women in the pipeline for corporate board leadership," stated Heather Spilsbury, CEO of 50/50 Women on Boards.
  • According to 50/50 Women on Boards' 2023 Q4 Gender Diversity Index Research, 43 percent of Russell 3000 Index companies still have two or fewer women on their boards.
  • The 50 Women to Watch for Boards campaign addresses this disparity by providing corporations, nominating and corporate governance committee chairs, and recruiters access to a curated list of highly accomplished women ready to serve on public company boards.
  • To be eligible for the 50 Women to Watch for Boards list, candidates must be based in North America.

Stagwell's (STGW) Brand Performance Network Appoints Shannon Pruitt as Global Chief Marketing Officer

Retrieved on: 
Thursday, February 22, 2024

NEW YORK and LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- Stagwell's (NASDAQ: STGW) Brand Performance Network (BxP), today announced the appointment of Shannon Pruitt as Global Chief Marketing Officer. Shannon will be responsible for business development, marketing and communications globally for BxP, where she previously served as Global Chief Content & Partnership Innovation Officer.

Key Points: 
  • NEW YORK and LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- Stagwell's (NASDAQ: STGW) Brand Performance Network (BxP), today announced the appointment of Shannon Pruitt as Global Chief Marketing Officer.
  • Shannon will be responsible for business development, marketing and communications globally for BxP, where she previously served as Global Chief Content & Partnership Innovation Officer.
  • The Brand Performance Network flips the script by treating brand and performance as a single, unified action," said Shannon Pruitt.
  • After joining Stagwell in 2020, Shannon was elevated to Global Chief Content & Partnership Innovation Officer of BxP in 2021.

The Honest Company Announces Appointment of Dorria L. Ball as Chief People Officer

Retrieved on: 
Friday, January 5, 2024

LOS ANGELES, Jan. 05, 2024 (GLOBE NEWSWIRE) -- The Honest Company, a digitally-native consumer products company dedicated to creating clean- and sustainably-designed products spanning baby care, beauty, personal care, wellness and household care, today announced Dorria L. Ball as the Company’s new Chief People Officer (CPO), effective immediately.

Key Points: 
  • LOS ANGELES, Jan. 05, 2024 (GLOBE NEWSWIRE) -- The Honest Company, a digitally-native consumer products company dedicated to creating clean- and sustainably-designed products spanning baby care, beauty, personal care, wellness and household care, today announced Dorria L. Ball as the Company’s new Chief People Officer (CPO), effective immediately.
  • Reporting directly to Carla Vernón, CEO of The Honest Company, Ball will continue working alongside Honest’s executive leadership team and Board of Directors as the leader of the People & Workplace function.
  • “At Honest, we believe that values, business performance, DEI, and people-driven development all work together to accelerate our strong and unique position in the marketplace.
  • "During the time that I've spent working with The Honest Company, I have been energized by the strength and commitment of the Honest team.

The Honest Company Announces Appointment of Michael Barkley, Alissa Hsu Lynch, and Andrea Turner to the Board of Directors

Retrieved on: 
Monday, December 11, 2023

“We are pleased to welcome Michael, Alissa and Andrea to our board of directors.

Key Points: 
  • “We are pleased to welcome Michael, Alissa and Andrea to our board of directors.
  • Their retail and digital expertise will strengthen our board by adding significant capabilities that support the company’s growth plans.” said Carla Vernón, CEO of The Honest Company.
  • As we continue on this journey to drive stakeholder value, we welcome Michael, Alissa and Andrea’s expertise.
  • “Their diverse backgrounds and areas of expertise will help elevate us to new heights for consumers and push our thinking even further.”