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Calvin McDonald previously served Sephora Americas in the same capacity.
February 11, 2026
By: Lianna Albrizio
Associate Editor
Happi Top 50 Company The Wella Company has appointed Calvin McDonald CEO, effective April 2, 2026.
McDonald, who previously served Sephora Americas in the same capacity, will also be appointed to the company’s Board of Directors and will be based in New York.
Glenn Murphy will remain as executive chair to provide continuity as well as strategic advice to the new CEO and the leadership team.
“We are delighted to welcome Calvin to The Wella Company,” said Murphy. “As a three-time CEO, he brings decades of experience at industry-leading global consumer brands and retail businesses. Calvin’s proven ability to drive results through product differentiation, category expansion, and smart investments will help us win in the dynamic beauty sector.”
Under KKR’s ownership, The Wella Company’s brand portfolio includes salon color brand Wella Professionals, Sebastian Professional, OPI, ghd, Nioxin and Clairol.
McDonald is a recognized leader across multiple portions of the consumer space. As president and CEO of Sephora Americas, a division of the LVMH group of luxury brands, McDonald oversaw five consecutive years of double-digit growth; transformed Sephora into a market leader in the Americas; and grew haircare into the company’s fastest-growing category. He most recently served as CEO of Lululemon Athletica Inc., where he guided the company through a period of significant growth and innovation, more than tripled annual revenues, and broadened global reach to over 30 geographies.
“I’m energized by the opportunity to use my experience to help elevate these iconic brands, partner with the pros who bring them to life, and unlock new ways to connect with consumers,” said McDonald. “This is a pivotal moment for The Wella Company, and I’m excited to join this talented team as we shape the future of beauty together.”
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