Rafael Kravec is founder and CEO of French Fragrances, a publicly traded company. In 1960, he came penniless to Miami when the wholesaler he worked for in Havana was taken over by the government.
In 1981, Kravec began to manage the company French Fragrances, Inc. In 1992 the perfume division was successful enough to function on its own as a privately held enterprise, and thus French Fragrances was formed to continue developing and manufacturing perfumes, colognes, and other scented cosmetic products. After its formation, Kravec became the company’s first president and chief executive officer.
Kravec has also served as President and Chief Executive Officer and a director of FFI from its formation in July 1992 until the consummation of the Merger, as President and Chief Executive Officer and a director of Halston Perfume, Fine Fragrances , FRM Services, Inc. (“FRM”) and National Trading Manufacturing, Inc. (“National Trading”).