Arden says it is searching for a permanent replacement for Smith. In the meantime, Company Senior Vice President for Finance and Corporate Development Marcey W. Becker will take up the position of interim principal financial officer. Also, Company Vice President for Finance and Corporate Controller David Rattner will act as interim principal accounting officer. Thus, the CFO's role will be effectively be split in two for the time being, pending the appointment of a permanent CFO.
Smith will depart Arden after Sept. 1.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Hain Celestial. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why Elizabeth Arden, Inc. Shares Jumped 50% in June
The beauty company jumped on a buyout by Revlon.
Why Elizabeth Arden, Inc. Shares Soared Today
The beauty-products maker got bought out by Revlon.
5 of Last Week's Biggest Losers
These five stocks suffered double-digit percentage declines last week.