Jessica Alba, the acclaimed actress and entrepreneur who launched The Honest Company in 2012, has revealed her decision to step down from her executive position within the organization. Alba, known for her dedication to sustainable personal care products, is resigning as the Chief Creative Officer of The Honest Co. (Nasdaq: HNST) to pursue new ventures, as confirmed by the company on Tuesday.
Despite her transition away from the executive team, Alba will maintain her role on the company’s board of directors, providing ongoing support and leadership, according to a statement from The Honest Co. The company, renowned for its clean and sustainably designed products spanning various categories, including baby care, beauty, and household essentials, continues its commitment to innovation and integrity.
As part of the separation agreement, Alba will receive various benefits, including financial compensation and the vesting of outstanding stock units. Her departure also signifies the conclusion of her association with The Honest Co., leading to the removal of her name and likeness from the company’s branding and digital platforms.
Alba’s decision comes amidst The Honest Co.’s recent success, with the company reporting record-breaking sales and profits in the fourth quarter of 2023. Reflecting on her journey with the company, Alba expressed pride in its achievements, emphasizing her commitment to advancing her founding vision and contributing to its success in her new capacity on the board of directors.
In a statement shared via an Instagram post, Alba, 42, reflected on her tenure at The Honest Company, sharing nostalgic photos and inspirational quotes. She expressed gratitude to her team for their support and dedication, underscoring her confidence in the leadership team, led by CEO Carla Vernón, to uphold the company’s legacy and drive its future growth.
Alba’s decision to found The Honest Company stemmed from her personal experiences and commitment to providing safer alternatives in the consumer product industry, inspired by the birth of her first child in 2008. As she transitions into a new phase, Alba leaves behind a legacy of innovation and integrity, continuing to shape the future of sustainable consumer goods.