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Why is Gaga not the CEO of Haus Labs?


Lighter

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giskardsb

CEO is responsible for Day to day business operations.  Why would you want Gaga to be that?  She has other stuff to do. 

Founder/owner is not same as CEO.  Chairman of board is the CEO’s boss and I think Gaga might have that role, but for sure she is on board. 

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Lighter
Just now, giskardsb said:

CEO is responsible for Day to day business operations.  Why would you want Gaga to be that?  She has other stuff to do. 

But does she own it

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joannesrats
Just now, Lighter said:

But does she own it

Yes, the owner and CEO are not the same person. Now, she has investors that owns portions of the company but I'm 99% positive that she's the majority share holder. 

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Delusional
7 minutes ago, PhillipBagshaw said:

Yes, the owner and CEO are not the same person. Now, she has investors that owns portions of the company but I'm 99% positive that she's the majority share holder. 

What about for Rihanna and Fenty Beauty ? 

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giskardsb

People need to quit reading dumb artl and stan arguments trying to discount Gaga’s role in Haus Labs.   She’s way more involved than probably any other celebrity is in their licensed lines. 

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4 minutes ago, PhillipBagshaw said:

Yes, the owner and CEO are not the same person. Now, she has investors that owns portions of the company but I'm 99% positive that she's the majority share holder. 

yeah. her company is a corporation coz there are many  investors/share holders not sole proprietorship. im sure she's the major shareholder so she has the right what direction they would take their company

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joannesrats
1 minute ago, DeIusional said:

What about for Rihanna and Fenty Beauty ? 

Not sure, but if I remember correctly Rihanna doesn't own a majority share in her company and house outsider people/labs help develop the formulas. But don't quote me on that. 

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1 minute ago, DeIusional said:

What about for Rihanna and Fenty Beauty ? 

she's the owner and bernard something chairman and ceo of LVMH

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1 minute ago, DeIusional said:

What about for Rihanna and Fenty Beauty ? 

Rihanna's brand is done through LVMH (Louis Vuitton Monet Hennessey) where is the owner of the brand, the CEO of 'Fenty' is the CEO of LVMH.

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Nicole Quinn is an investor in HL and she said this in an interview recently:

"Hiring was no small feat. Before we invested, we spoke to Gaga about what she wanted from a team and she said to us, “I'm the chairwoman. I'm the chief creative officer. But I know what I don't know, and we need to hire the very, very best people for that.” Gaga and I met multiple different people, and there was a period where Gaga was like, “No, not that person. Not that person. Nope, they don't get the vision.” Some of those hirings took a little while, but I am glad we have the best-in-class people. Gaga and CEO Ben Jones have a great dynamic. We'd known him for many years because he worked at one of our portfolio companies, the Honest Company [with Jessica Alba]. And the CMO Nicole Frusci came from Milk, Benefit, and Sephora. She gets on with Gaga like a house on fire."

It makes complete sense that Gaga would want to have experienced business people helping her launch her brand since it's a genuine start up. As the quotes says, she knows what her areas of expertise are and what they aren't. That's smart.

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She isn’t CEO because she doesn’t have the experience or knowledge to run a business!

I think I read somewhere that Rihanna does not have a majority share in Fenty Beauty.

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Woolfsmck
1 hour ago, giskardsb said:

CEO is responsible for Day to day business operations.  Why would you want Gaga to be that?  She has other stuff to do. 

Founder/owner is not same as CEO.  Chairman of board is the CEO’s boss and I think Gaga might have that role, but for sure she is on board. 

Interferes with her personal life and creative flow.  

CEO are experts at their field any way 

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