Revlon's Jack Stahl Resigns as President, CEO

Cosmetics company Revlon Inc. on Monday said Jack Stahl has resigned as president and chief executive to pursue other interests.

Stahl will be succeeded by David L. Kennedy, Revlon's current chief financial officer. Kennedy's appointment is effective immediately, although Stahl will stay on for 30 days to help with the transition.

Stahl and Kennedy joined Revlon, which is controlled by financier Ronald Perelman, in 2002 and both are former employees of Coca-Cola.