The skincare brand knows a good cover girl when they see one and Katie's new role will see her represent the Olay global brand campaign, Your Best Beautiful - a new ad which aims to inspire women around the world to feel comfortable in their own skin.
"I'm very excited to be the Olay Global Brand Ambassador," said Holmes of the news.
"Olay is a brand I respect, trust and believe in. I love the products and message to women to never settle and put their best face forward, every day."
Not only is she now putting her glossy good looks to work for the beauty campaign, but the American actress is also set to try her hand at film directing.
The 35-year-old star will produce and appear in a film based on All We Had by Annie Weatherwax, a novel which portrays the difficulties of being a single parent.
Katie even bagged the rights to the novel back in July this year, a month before the book was released to the public.
Co-producer Jane Rosenthal spoke to the Hollywood Reporter about Katie's new project and credited her "clear vision for the book's irreverent, original mother-daughter relationship."
Multi-tasking is clearly Katie's middle name, and this new role as Olay brand ambassador totally suits.
LOVE KATIE'S GLOSSY,GORGEOUS STYLE? Take a flick through this gallery to see more looks of Holmes getting her style spot on...
MORE: Watch all the latest news on the Hollywood actress right here.
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