06.02.22
Russell Greenberg, executive vice president and chief financial officer of Inter Parfums, Inc. will retire from the firm on Sept. 6.
“Russ has played an integral role in the growth and evolution of our company for 30 years,” said Jean Madar, chairman and chief executive officer. “He has been by my side for all the significant initiatives we have undertaken, through the best of times and the most challenging. He has earned, and well deserves, to devote more time to family, friends and the activities he most enjoys. On behalf of the Board of Directors, I want to thank him for his service, commitment and friendship.”
Greenberg will be succeeded by seasoned fragrance and finance executive Michel Atwood. Most recently, Atwood served at The Estée Lauder Companies as vice president, finance and strategy.
Greenberg will stay with the company full time until Sept. 30 to assist with the transition.
“I have been privileged to have spent most of my career at Inter Parfums where I have had the professional satisfaction of being at the starting gate of what has become a rapidly growing, highly respected, global fragrance enterprise,” said Greenberg. “Throughout my three decades, I have worked with some of the best people in the industry and I feel confident that Inter Parfums will continue to thrive with Michel taking over my executive duties.”
Previous Executive Positions At The Estee Lauder Companies and Procter & Gamble
Atwood currently serves as the vice president of finance and strategy at Estée Lauder, providing strategic oversight for the fragrance category across the company and leading a large team of finance professionals across the globe as a key member of Estee Lauder Companies’ senior finance leadership team. He also had senior level M&A duties, including acquisition integration and brand divestitures/discontinuations. Over his nearly four years at Estée Lauder, he also drove cross-brand synergies across R&D and supply chain for the fragrance category.
From 1995 to 2017, he held several executive positions with growing responsibilities at Procter & Gamble in France, Switzerland, Italy and Germany. His final title at P&G was Divisional CFO of Global Prestige Fragrances, leading a 90-member team, and ultimately spearheading the divestiture of that division to Coty. Earlier he was CFO Global Markets – Prestige Fragrances, a business generating over $2 billion in sales, where he headed a globally dispersed team of 60 people supporting the go-to-market organization (affiliates, Travel Retail and distributors) of the Prestige Division. Before that, he was Global Prestige Director of Strategic Planning, Licensing and Acquisition shaping and executing the overall business direction and licensing and acquisition strategy of P&G’s Global Fragrance and Premium skin and cosmetics businesses.
Born in Turkey, Atwood holds a master’s degree in software engineering from the Institut National des Sciences Appliquées of Lyon, and a Master’s in International Finance from HEC Paris, the prestigious French business school. He also earned the designation of Certified Management Accountant from the Institute of Management Accountants.
Atwood has also been asked to fill the board seat that Greenberg is vacating effective Sept. 9, the date of the company’s annual meeting of shareholders.