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Ricky’s: Management Shuffle at the Top Level

(Filed Under Financial and General Interest News). In a management shuffle, Todd Kenig, Carmen Kenig, Jason Sandlofer and Dominique Costello are no longer working at Ricky’s, the East Coast costume and beauty products retailer. All except for Sandlofer, still, however, retain equity in the company.

Glenn Nussdorf, who owns 50 percent of the company, remains, as well as Ricky Kenig, for whom the chain was named, and most of the other employees. Richard Parrott has been recently hired to manage “business development.”

Todd Kenig, formerly the ceo and the main contact for many within the industry, told BODY he will serve as a consultant for Ricky’s “for the next four and a half years” and “wishes the new management well.”

Nussdorf founded Quality King Distributors, a large Long Island-based distributor of drugs, health and beauty products and fragrences, in 1961. His family continues to own the firm.

There are about 30 Ricky’s stores, most in Manhattan, but with a few locations in other boroughs, New Jersey, Long Island and Miami.

more Financial and General Interest News >>

Published 04-17-2012 by Nick Monjo

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