With the encouragement of its new ownership, Urban Decay has brought on board a chief financial officer, geared up for aggressive international expansion and positioned itself to build its complexion products business. Larry Thompson, formerly cfo and executive vice president of Pert Plus owner Innovative Brands and controller at The Dial Corp., has joined the Newport Beach, Calif.-based cosmetics brand in the cfo role. The hire is the first major executive move since private equity firm Castanea Partners purchased a controlling stake in Urban Decay, previously owned by the duty free operator Falic Group. The purchase took place earlier this year for an undisclosed amount.
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