Following a year of balancing the absorption of Elizabeth Arden, Revlon announced that after just two years at the helm, Fabian Garcia has stepped down as president and CEO, “to pursue other opportunities.”

Paul Meister, a member of Revlon’s board of directors, will become executive vice chairman of the board, overseeing day-to-day operations of the company on an interim basis.

Revlon appointed Debra Perelman, the daughter of the corporate chairman and largest investor Ron Perelman, as chief operating officer.