The Liberian native, chief executive officer of the hair- and skin-care maker Sundial Brands, leads a group that bought the magazine and related assets from Time Inc., making Essence a black-owned company once again after almost two decades as part of the publishing giant. As Sundial CEO, Dennis built a $240 million-a-year business catering to black women with products like SheaMoisture, Nubian Heritage and Madam C.J. Dennis, who will lead Essence with longtime President Michelle Ebanks, sees similarities between the businesses — like their loyal customers. “There’s something about Essence that we more than like, that we really love,” Dennis, 48, said in an interview. “It’s hard to explain how powerful and how close-knit that community of black women is,” Jeffries said.

Source: GNN Liberia January 11, 2018 13:52 UTC