European Wax Center, Inc. announced that David Willis is promoted to President effective March 27, 2023. Mr. Willis will continue to have responsibility for Business Development, Data Insights, and Supply Chain functions. In addition, he will now oversee the Company's Chief Franchise Officer and related functions, which include franchise business consultants, field trainers, learning and development, guest relations and corporate-owned centers.

David Willis has been serving as European Wax Center's Chief Operating Officer since September 2019 and Chief Financial Officer since January 2022. He also served as the Company's Chief Financial Officer from July 2016 until December 2020. Prior to joining the Company, Mr. Willis served as an Operating Partner for Riata Capital Group, LLC from October 2014 to July 2016, during which he provided consulting services to the Company on supply chain, finance, and operations matters.