The 'Sin City' actress announces she is stepping down as Chief Creative Officer of her consumer goods company after more than a decade in order to pursue new endeavors.
- Apr 10, 2024
AceShowbiz - Jessica Alba, co-founder and former Chief Creative Officer of The Honest Company, has announced her departure from the company after 12 years. She will step down from her leadership role but remain on the board of directors to provide strategic advice.
Alba expressed her gratitude in a statement shared on social media, stating that building Honest has been "a true labor of love." She praised the company's team and customers for their support and commitment.
"While there would never have been an easy time to make this decision, I know we have a leadership team in place with Carla Vernon at the helm to advance our founding vision and strengthen Honest's legacy as an industry change-maker," Alba wrote.
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According to a press release, Alba is shifting her focus to "new endeavors." Her departure marks the end of an era for The Honest Company, as Alba has been its public face since its inception.
The company, founded in 2012, initially specialized in baby and beauty products. In 2021, Honest went public with an estimated valuation of $1.5 billion. However, revenue reportedly declined following the IPO.
Alba's decision has been met with support from fellow celebrities, including her husband, [c=Cash Warren and Olivia Munn.
"Building Honest has been a true labor of love," Alba reiterated. "I am forever grateful to our Honest families for sharing their stories and testimonials, because they are the reason we exist."
Alba's departure signals a changing landscape for The Honest Company as it navigates the challenges and opportunities of the industry.
