THE WHAT? Maria Dempsey has been named CEO of Love Wellness, according to a report published by WWD. Dempsey will replace Founder Lo Bosworth, freeing her to focus on the future of the business.

THE DETAILS Bosworth will be Chairwoman of the Board, managing brand marketing, product development and retail strategy.

THE WHY? Dempsey told WWD, “I am so impressed with what Lauren and her team have built and I am energized by the Love Wellness community. I feel so fortunate to have the opportunity to help guide and grow this amazing company and team at a pivotal point in time. We have a meaningful opportunity to develop additional product categories, increase our digital presence and expand our retail footprint.”