Rihanna<\/a><\/strong> is stepping down as chief executive officer of Savage x Fenty<\/a><\/strong> and welcoming in a new CEO.<\/p>\n In a statement to Vogue Business<\/a> on Friday, the \u201cDiamonds\u201d singer said former Anthropologie Group CEO Hillary Super<\/strong> will lead the lingerie brand, with the changeover taking place June 26.<\/p>\n Rihanna will remain in a leadership role as executive chair, according to Vogue Business.<\/p>\n \u201cI\u2019m so grateful and excited to welcome Hillary Super as our new CEO,\u201d the singer said. \u201cShe is a strong leader and is focused on taking the business to an even higher level.\u201d<\/p>\n Rihanna, who is also the CEO of Fenty Beauty, founded Savage X Fenty in 2018. The brand made its fashion show debut that same year during New York Fashion Week. The following year, a second fashion show took place during New York Fashion Week. It was featured in an Amazon documentary, \u201cSavage X Fenty Show Vol. 1.\u201d Rihanna performed during the show, as well as Big Sean, Migos, Halsey and more.<\/p>\n The brand is known for its inclusivity, featuring models of all sizes from a variety of backgrounds.<\/p>\n \u201cIt\u2019s a celebration of womanhood,\u201d Rihanna said in a 2018 Vogue<\/a><\/em> interview, speaking about that year\u2019s runway show. \u201cI think it\u2019s a shame women have to feel insecure or self-conscious about how their bodies look. They\u2019ve been taught by society that only one thing works.\u201d<\/p>\n In 2021, Savage X Fenty was valued at $1 billion, according to Forbes<\/em><\/a>.<\/p>\n \u201cIt\u2019s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years,\u201d Rihanna said in her statement to Vogue Business on Friday. \u201cThis is just the beginning for us, and we\u2019re going to continue to expand in ways that always connect with the consumer.\u201d<\/p>\n Super, who said she is \u201cthrilled to join the Savage X Fenty family,\u201d spoke about the brand\u2019s influence in the fashion industry in a statement shared by Vogue Business<\/a> on Friday.<\/p>\n \u201cThe brand is a major powerhouse in the lingerie and apparel industry, and its unwavering commitment to celebrating inclusivity and fearlessness is inspiring,\u201d she said.<\/p>\n![\"The](\"https:\/\/socialitelife.com\/wp-content\/uploads\/2021\/09\/met-gala-2021-photos-09142021-8-1160x1740.jpg\")
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