According to reports Johnson Publishing CEO Desiree Rogers said the firm will not replace Hilliard. Instead, Rogers said she and other top executives who will be promoted, will invest more of their time on the business.
On her Facebook page, Hilliard said she will be returning to active management of her strategic consulting firm, The Hilliard Group, which represents Fortune 500 companies and entrepreneurial businesses in the areas of marketing, diversity and product development.
“Fashion Fair has been an incredible journey, and it has been an honor to have contributed to an iconic brand. My team showed me so much love today! I am forever grateful for the experience, yet excited for what the new year has in store," Hilliard wrote on her Facebook wall.
Hilliard was appointed president in February 2014. Prior to joining Fashion Fair, she served as the CEO, president and founder of The ComfortCake Company, LLC and The Hilliard Group, Inc. She also served in senior leadership roles at L’Oréal for the Soft Sheen products division and The Gillette Company.