Revlon (NYSE: REV ) will need to have a serious discussion with its headhunters. The company revealed in an SEC filing that Executive Vice President and CFO Steven Berns has tendered his resignation. He has done so in order to take up the same positions at privately held media conglomerate Tribune Company.
Berns' resignation is effective July 19. The company has named current Chief Accounting Officer Jessica Graziano as its interim principal financial officer. She will work with Berns until his departure.
The parting seems to be an amicable one. In the SEC filing, Revlon said that "Mr. Berns' resignation is not the result of any issue or concern with the Company's accounting, financial reporting or internal control over financial reporting."