Randi Shinder, who has served chief executive officer for eight years, has retired from Fusion Brands and has sold her remaining equity in the New York-based company to majority shareholder Eugene Melnyk for an undisclosed sum.
The deal makes Mr. Melnyk the sole owner of Fusion Brands Inc. and Fusion Brands International, which touts LipFusion Micro-Injected Collagen Lip Plump, FusionBeauty products and Clean perfume.
“Randi is an exceptional entrepreneur who took Fusion Brands from a concept and in less than a decade transformed it into an industry leader,” said Mr. Melnyk, who acquired a 55% interest in Fusion Brands Inc. and Fusion Brands International in August 2006.
More info: www.fusionbeauty.com
Shinder Retires and Sell Stake in Fusion Brands to Melnyk
Published November 30, -0001
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