After months (upon months) of confusion and controversy, Deciem is once again making corporate changes on Thursday, with news that a former executive has re-joined the company. Stephen Kaplan served as the chief financial officer of Deciem and left the company in February when then-co-CEO Nicola Kilner was fired by founder and fellow co-CEO Brandon Truaxe. In November, Kaplan made his return to the company to fulfill the role of chief operating officer, a source from Deciem confirmed to Fashionista.
In October of this year, Estée Lauder (which holds a minority stake in the company) was granted an injunction to have Truaxe removed from the company's board and as CEO, following a series of rash business decisions and controversial public statements. Kilner, who returned to Deciem in July, has since been serving as interim CEO.
With both Kaplan and Kilner returning to the company to head up operations, Deciem customers and fans of its brands like The Ordinary and Niod — not to mention executives and shareholders at Estée Lauder — are no doubt breathing a collective sigh of relief that the company is back on track.
You can catch up on the whole Deciem saga here.