COPYRIGHT © 2020 SUNDIAL BRANDS LLC. Never on animals. All Rights Reserved, This is a BETA experience. As I continue to hear stories of individuals and families that have benefited from this impact, I am proudly assured that together we are transforming lives. The top executive is taking a step back after sexual harassment allegations are lifted by anonymous employees. These ingredient-led products and strong commitment to community is and will always be the heritage of this brand. While the long-term effects of the virus are unknown, there has already been noted trends, like a decline in consumer spending. Prior to joining Sundial, she held management positions leading Global Marketing for Clinique $1B Makeup and Fragrance portfolio as well as marketing for NARS Cosmetics’ Americas business. 1/3 pic.twitter.com/DqpRBz5lOY. “As owner, Dennis helped to lead the team along with the ECI senior leadership team, but never took on the roles or responsibilities of CEO. Made with love for you and your body. With the announcement, SheaMoisture shared how the company will be supporting business owners through this rough time. At SheaMoisture we invest proceeds from each and every purchase directly into the community. The acquisition made Essence Communications 100% Black-owned again. “I’ve seen the impact in action, visiting the cooperatives in Ghana where we work with the women entrepreneurs who handcraft our Shea butter,” she says. Pioneering fair trade through Community Commerce at home and abroad. Dennis is the founder of Shea Moisture and Sundial Brands and purchased the magazine from TIME in 2018, which made the publication and the parent company 100% Black-owned. Ten business owners will be selected and awarded $10,000 each. After reports emerged that Dennis was being replaced as CEO, the businessman clarified in a statement on Thursday that he never acted as CEO of Essence. which includes SheaMoisture, Nubian Heritage, Nyakio and Madame CJ Walker Beauty. “There was no interim CEO at ESSENCE Communications, Inc. (ECI), following the departure of Michelle Ebanks on March 31 until Richelieu Dennis appointed Caroline Wanga to this position on July 1,” the statement read. (L-R) Essence CEO Michelle Ebanks, Essence Ventures Founder & Chairman Richelieu Dennis, and Essence Chief Content & Creative Officer Moana Luu at the 2020 13th Annual ESSENCE Black Women in Hollywood Luncheon (Photo by Rich Polk/Getty Images for ESSENCE). She is responsible for consumer engagement for the SheaMoisture, Nubian Heritage, Madame CJ Walker and Nyakio portfolio. I not only get to know them, but I learn about their families, staff, and their communities that also benefit from SheaMoisture purchases.” She also leads her team in digital strategy and designing community-driven programs particularly focused on women’s entrepreneurship, education and empowerment. Essence Ventures LLC was founded by Richelieu Dennis, who also famously founded beauty brand Shea Moisture in Harlem in 1991. I have a Ph.D. in Organizational Psychology and teach graduate and undergraduate courses in Business Management. I help create strategies for more diversity, equity, and inclusion. Together, we are sustaining communities. SheaMoisture is encouraging business owners of color to apply now and throughout the month of April. Large companies within the United States may receive financial relief from government, but many small businesses are struggling to stay afloat. The company was founded in Harlem in 1991 by Liberians Nyema Tubman and Richelieu Dennis (and his mother Mary Dennis), who were part of the Liberian Diaspora to the United States.The company was inspired by Dennis' Sierra Leonean grandmother, Sofi Tucker, who sold shea butter at a village market … “I remain consistently inspired by Black women and the space that we take up,” says Jennings. oversees global corporate social responsibility, advising executive leadership on long-term strategy in creating sustainable impact for underserved communities in its supply chain, and consumer territories. “At SheaMoisture, without a focus on our greater purpose we would be ignoring our responsibility to give consumers value beyond what our amazing products deliver. Johnson & Johnson, KORRES, Avon Products, Inc. and L’Oreal are just a few of the companies where she also held senior level positions. However, according to the blog post, that did not stop a pervasive culture of toxicity and harassment. “It is extremely important to us that we foster a safe, transparent and respectful workspace for everyone and that we expect that from everyone – not just those who work for us, but also those who work with us.”, In the statement announce Dennis’ decision, ESSENCE states they “remain committed to fostering a safe, transparent and respectful workplace for everyone.”, [WATCH] Treach Tells Fat Joe How Queen Latifah Would Knockout Grown Men, Universal Studios Sued For Racism By Faizon Love, Today in Hip-Hop History: No Limit’s Soulja Slim Shot and Killed 17 Years Ago, Michael B. Jordan and Lori Harvey Spark Dating Rumors, Barack Obama Give Drake Greenlight to Portray Him in a Possible Biopic. The global pandemic that is COVID-19 is impacting organizations in unimaginable ways. Spread the loveI’m working on a blog post in response to this video, but in the meantime, check out what Shea Moisture’s CEO, Richelieu Dennis, has to say about the controversy surrounding their latest video ad: Thoughts? 28) about the company's trying week. Through this fund, we are committed to giving back to the communities that have helped us become who we are.” Sabin provides us with a great example of how we can each support each other through times of difficulty and disaster. However, on Tuesday, they released another statement that Dennis will be taking a step back, and that they have committed to an independent review of their business practices. Opinions expressed by Forbes Contributors are their own. She has over a decade of experience spanning the beauty, tech and spirit categories and is focused on building strategic media partnerships that stand and support SheaMoisture’s core mission of over serving those who are underserved. Sign up and be the first to know about exciting offers, product updates and more from SheaMoisture. We invite you to continue with us on this journey. I am the founder of BWG Business Solutions-a consultancy designed to. Companies are having to adapt and adjust to a fully remote workplace, and leadership is forced to pivot in ways that they could never fathom. From our humble beginnings almost 30 years ago, our pioneering founder Richelieu Dennis, imbued Sundial Brands and the SheaMoisture brand with natural hair and skin care recipes passed down from his grandmother, Sofi Tucker. The scathing allegations reverberated throughout the Black media world, and Essence Communications quickly released a statement. At SheaMoisture we invest proceeds from each and every purchase directly into the community. To date, you have helped fund millions in education, healthcare, safety and fair wages. “The impact of Community Commerce is seen in our daily internal decision making,” says Waters. We strive to be sulfate free, paraben free and more, whenever possible. “I’ve seen the impact in action, visiting the cooperatives in Ghana where we work with the women entrepreneurs who handcraft our Shea butter,” she says. “For me, it is important to do more than just have a job, but to use my seat at the table and voice to actually make systemic impact both personally and professionally,” she says. I spend my free time getting lost in a good audiobook and perfecting my Jollof rice recipe. From our humble beginnings almost 30 years ago, our pioneering founder Richelieu Dennis, imbued Sundial Brands and the SheaMoisture brand with natural hair and skin care recipes passed down from his grandmother, Sofi Tucker. To award the relief funds, SheaMoisture plans to partner with We Buy Black. “This also provides me an opportunity to work directly with those businesses supported by SheaMoisture community investments. When you purchase SheaMoisture, you are investing in women globally. The acquisition made Essence Communications 100% Black-owned again. “This also provides me an opportunity to work directly with those businesses supported by SheaMoisture community investments. “Black excellence in every field and seeing the impact we have on culture, globally inspires me.” Sabin is also the Co-Founder of 25 Black Women in Beauty an organization that celebrates, elevates and promotes the accomplishments of women. Large and small businesses alike are being hit hard by COVID-19 and in many large companies, CEOs are forfeiting their salary to avoid having to lay off employees. I host Dirty Diversity Dinner Sessions, which are informal conversations around diversity-related topics, discussed over delicious food.