Carla Vernón, CEO of The Honest Company, was named to CNBC’s 2025 Changemakers list for her impactful leadership.
Quiver AI Summary
The Honest Company, known for its clean and sustainable personal care products, announced that its CEO, Carla Vernón, has been recognized on CNBC's 2025 Changemakers: Women Transforming Business list. This honor celebrates women who have made significant impacts in the business world. Vernón expressed her belief in the importance of representation and highlighted that the company's mission is to challenge traditional norms in personal care. Under her leadership, The Honest Company has seen strong financial growth, achieving $99 million in revenue for Q3 2024, a 15% increase from the previous year. Vernón and the other honorees will be celebrated at CNBC’s Changemakers Summit on April 8th, acknowledging their influences in driving innovation and breaking barriers in the industry.
Potential Positives
- CEO Carla Vernón's inclusion in the 2025 CNBC Changemakers: Women Transforming Business list highlights The Honest Company's commitment to leadership diversity and innovation.
- The recognition serves to reinforce the company's reputation, showcasing Carla Vernón's impact and success in improving the company's financial performance and market position.
- The press release underscores a significant increase in revenue, with a 15% year-over-year growth to $99 million in Q3 2024, indicating strong business momentum and operational success under Vernón's leadership.
Potential Negatives
- While the press release highlights positive achievements, it fails to address any recent challenges or controversies that the company may be facing, which could undermine the perception of success.
- The focus on the CEO's recognition may distract from the company's overall performance metrics and ongoing strategic goals, potentially leading to a misunderstanding of the company's broader business health.
- The press release does not provide detailed information on how the company plans to maintain or build on the recent financial performance, leaving stakeholders uncertain about future prospects.
FAQ
Who is Carla Vernón?
Carla Vernón is the CEO of The Honest Company, recognized for her impactful leadership and innovation in the personal care industry.
What is the CNBC Changemakers list?
The CNBC Changemakers list honors women transforming business through innovation and impactful leadership in a challenging business landscape.
What achievements has The Honest Company made under Carla Vernón?
Under Carla Vernón, The Honest Company achieved record financial performance, including $99 million in Q3 2024 revenue, a 15% increase year-over-year.
When is the CNBC Changemakers Summit?
The CNBC Changemakers Summit will take place on April 8th, 2025, celebrating the achievements of influential female leaders.
What products does The Honest Company offer?
The Honest Company provides cleanly-formulated personal care products, including diapers, wipes, baby care, beauty, apparel, household care, and wellness items.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HNST Insider Trading Activity
$HNST insiders have traded $HNST stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $HNST stock by insiders over the last 6 months:
- SHARED ABACUS, LP THC sold 2,300,000 shares for an estimated $8,050,000
- JESSICA WARREN sold 465,000 shares for an estimated $3,510,750
- BRENDAN SHEEHEY (General Counsel) has made 0 purchases and 5 sales selling 208,183 shares for an estimated $1,562,954.
- CARLA VERNON (Chief Executive Officer) sold 65,176 shares for an estimated $462,749
- STEPHEN WINCHELL (EVP, Operations and R&D) has made 0 purchases and 2 sales selling 32,123 shares for an estimated $227,573.
- ANDREA TURNER sold 25,000 shares for an estimated $212,250
- DAVID LORETTA (Chief Financial Officer) sold 27,004 shares for an estimated $191,728
- JAMES D WHITE sold 25,000 shares for an estimated $179,750
- KATHERINE BARTON (Chief Growth Officer) sold 23,884 shares for an estimated $169,576
- JONATHAN MAYLE (SVP, Customer Sales) has made 0 purchases and 2 sales selling 23,332 shares for an estimated $153,057.
- THOMAS STERNWEIS (SVP, Enterprise Dev. & Strat.) sold 1,515 shares for an estimated $10,756
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HNST Hedge Fund Activity
We have seen 131 institutional investors add shares of $HNST stock to their portfolio, and 71 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CATTERTON MANAGEMENT COMPANY, L.L.C. removed 9,350,728 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $64,800,545
- DIVISADERO STREET CAPITAL MANAGEMENT, LP added 3,421,945 shares (+inf%) to their portfolio in Q4 2024, for an estimated $23,714,078
- PORTOLAN CAPITAL MANAGEMENT, LLC removed 2,309,349 shares (-30.1%) from their portfolio in Q4 2024, for an estimated $16,003,788
- D. E. SHAW & CO., INC. added 2,049,981 shares (+589.7%) to their portfolio in Q4 2024, for an estimated $14,206,368
- MARSHALL WACE, LLP removed 1,470,924 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $5,251,198
- VICTORY CAPITAL MANAGEMENT INC added 1,386,961 shares (+869.9%) to their portfolio in Q4 2024, for an estimated $9,611,639
- VANGUARD GROUP INC added 1,052,305 shares (+25.7%) to their portfolio in Q4 2024, for an estimated $7,292,473
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LOS ANGELES, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, announced today that CEO Carla Vernón has been named to the 2025 CNBC Changemakers: Women Transforming Business list . The list honors a diverse group of women who have defied the odds, driven innovation, and led with impact in a volatile business landscape.
“Leading from the unique perspective as that sister in the corner office that we all need, but can be rare to find, I know representation matters. So, this recognition feels like a win for every woman pushing boundaries and leading with purpose,” said Carla Vernón, CEO of The Honest Company. “At Honest, we’re not just talking about change, we’re driving it. We are on a mission to challenge ingredients, ideals and industries so people can protect who they love. And, we’re proving that leadership rooted in authenticity and impact can redefine the future.”
Under Vernón’s transformative leadership as CEO of Honest, the company has strengthened its financial foundation and position as a leader in cleanly-formulated and purpose-driven personal care. Through the execution of its Transformation Pillars of Brand Maximization, Margin Enhancement and Operating Discipline, Carla and the Honest team have achieved what they have set out to do and have helped to restore confidence in the business, delivering record financial performance, including $99 million in Q3 2024 revenue, a 15% year-over-year increase. Her strategic vision has driven sustained growth and reinforced the company’s brand strength, exemplifying the leadership excellence honored by this award.
Carla Vernón will be honored alongside the 49 other trailblazing leaders at CNBC’s Changemakers Summit on April 8 th , celebrating their collective impact in driving innovation, breaking barriers, and shaping the future of business.
About The Honest Company
The Honest Company (NASDAQ: HNST) is a personal care company dedicated to creating cleanly-formulated and sustainably-designed products spanning categories across diapers, wipes, baby personal care, beauty, apparel, household care and wellness. Launched in 2012, the Company is on a mission to challenge ingredients, ideals, and industries through the power of the Honest brand, the Honest team, and the Honest Standard. For more information about the Honest Standard and the Company, please visit
www.honest.com
.
Media Contact:
Brenna Israel Mast
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Investor Inquiries:
Elizabeth Bouquard
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.
