Robert Schaeffler, the former chief executive officer of hair care brand Vegamour will succeed Derrick Porter as chief executive of the Beauty Industry Group (BIG), effective Aug. 28.
Originally founded in 2004, BIG was acquired by private equity firm L Catterton in 2021. It owns several hair extensions and hair care brands such as Halocouture, Bellami and Beauty Works, which are distributed in more than 1,300 stores throughout the US, and…