Co-Founder Dr. David Lortscher, Curology’s CEO since inception, turns into Executive Chair of the BoardSAN FRANCISCO, Oct. 10, 2022 /PRNewswire/ — Curology, the main firm in personalised, prescription skincare, in the present day introduced the appointment of Heather Wallace as CEO. The appointment is efficient as of September twenty sixth, and Wallace succeeds co-founder Dr. David Lortscher, who turns into Executive Chair of the Board.
Heather Wallace appointed as Curology CEO.
Since founding the corporate 10 years in the past, Lortscher has remodeled Curology from a startup into the biggest participant within the teledermatology house. Curology has served greater than 4 million sufferers – from clearing zits and darkish spots to preventing rosacea and wrinkles – and noticed accelerated development in the course of the COVID-19 pandemic as customers shifted extra broadly to telemedicine.
This previous quarter, Curology reached the milestone of profitability, and the corporate is projected to generate over $200 million in income in 2022, a 75% compound annual development fee over the previous 5 years.
“I made a decision to make this transition as a result of the abilities you should efficiently discovered an organization are very completely different from the abilities you should develop a longtime firm to its full potential – and I imagine these selections needs to be extra frequent amongst founders,” stated Dr. David Lortscher, Executive Chair of the Board and outgoing CEO.”As a worthwhile firm and as the main participant in personalised skincare, we have now an incredible quantity of alternative forward of us. Heather’s monitor file of driving worthwhile development at scale, her deep expertise in each magnificence and healthcare, and her real perception in Curology’s mission make her our superb subsequent CEO as we develop into completely different channels and meet the skincare wants of much more individuals.”Curology was the primary personalised prescription skincare firm within the magnificence trade, the place over 95% of skincare continues to be non-personalized, and it combines the most effective of magnificence, science, and expertise to ship efficient skincare for all. With custom-made merchandise for zits, anti-aging, and extra, its manufacturers Curology and Agency have redefined what it means to supply skincare options tailor-made to every shopper’s distinctive wants.”I’m thrilled to affix the Curology crew and to assist the corporate attain its unimaginable potential,” stated Heather Wallace, CEO. “This is a crucial and thrilling time for Curology. We will proceed executing on Curology’s mission to make efficient skincare accessible to everybody as an increasing number of customers will demand options which have the very best potential efficacy for his or her wants.”Wallace beforehand served as President of the Americas at Revlon, the place she rotated Revlon Cosmetics within the US to ship market share development and improved profitability with a deal with digitalization. She joins different members of Curology’s government crew who got here from massive, multinational firms. Wallace additionally has a background in healthcare, having efficiently led a number of prescription and non-prescription enterprise strains at Novartis over the course of 10 years.
Curology was based in 2014 with the mission of creating efficient skincare extra accessible. Since then, Curology’s crew has grown to 100+ in-house dermatology suppliers who’ve supplied personalised skincare help to greater than 4 million sufferers. Each affected person is prescribed a Custom Formula designed to assist them attain their pores and skin targets, whether or not they’re scuffling with zits, darkish spots, rosacea, or early indicators of getting older. For extra details about Curology, go to www.Curology.com.Media ContactKirsten Slotten for Curology(301) 351-5849[email protected]SOURCE Curology