Gregg Renfrew, founder of clean cosmetics company Beautycounter, describes Carlyle's sudden withdrawal of funding just six weeks after asking her to return as CEO.
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“Well, in mid-March of 24, Carlisle made the very difficult decision to move away from funding, continuing to fund the brand.”
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More from Gregg Renfrew
AssertionNot publicly verifiable
Carlyle Group removed Gregg Renfrew as CEO five months after buyout
“They made the decision in October that I was not capable of running the company, and they decided to remove me as CEO.”
Gregg RenfrewMay 4, 2026▶ 52:29Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
Opinion
Gregg Renfrew felt Carlyle's replacement CEO Marc Rey was the wrong choice
“I felt better with his departure than I did with him staying there. So for me, I didn't feel that he was the right person for the job, and I felt more confident in the choice they made in their interim CEO, Mindy McKenzie, with whom I partnered really, really …”
Gregg RenfrewMay 4, 2026▶ 59:13Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
Disclosure
Beautycounter's closure forced Gregg Renfrew to lay off employees without severance
“So I ended up having to let go of the majority of the associates for the company without severance or health insurance, which was horrendous.”
Gregg RenfrewMay 4, 2026▶ 1:06:30Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
AssertionNot checkable as stated
Martha Stewart and COO Sharon Patrick fought constantly over everything
“Martha and Sharon fought a lot. They had differences of opinion on just about everything, so that was the first thing, and I think dual reporting of equal measure is challenging.”
Gregg RenfrewMay 4, 2026▶ 18:08Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
Opinion
Gregg Renfrew claims Martha Stewart ran a fear-based organization
“Martha was very challenging to work for because she is a perfectionist, and she led, you know, a sort of, I would say, a fear-based organization.”
Gregg RenfrewMay 4, 2026▶ 19:35Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
Opinion
Unregulated beauty industry allows companies to make baseless marketing claims
“The challenge in the beauty industry, which is not the same thing in the food industry, is that it is not regulated to the extent that it needs to be, and people can make marketing claims like safe, clean, anything.”
Gregg RenfrewMay 4, 2026▶ 32:48Beautycounter: Gregg Renfrew. She Built Beautycounter to $1B… Then Got Fired From Her Own Company
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