Alan Ennis will become president and director of the company from March 1, while continuing his work as chief financial officer.
Joining the company in 2005, Ennis has worked as senior vice president of internal audit, chief accounting officer and corporate controller.
Commenting on the change, CEO David Kennedy said: “I am confident that he will continue to successfully lead our strong finance organization and that our international business will continue to grow profitably under Alan's leadership."
Second half of 2008 proves difficult
Results for the US-based company suffered in the latter part of 2008 from a strong dollar and the weakness of some of its leading brands.
Sales for the fourth quarter were down 10.4 percent to $334.2m, despite a significant marketing and advertising push during the period.
Increased costs and lower sales did not do fourth quarter profit any favors, slipping 70.2 percent to $11.3m.
Like many of its peers, Revlon’s annual results were pulled down by the particularly difficult fourth quarter.
The company gave no specific predictions for the year ahead, but said it was confident in its ability to generate profitable net sales growth.