Sally Beauty Holdings, Inc. announced that Denise Paulonis will be appointed as Chief Executive Officer, effective October 1, 2021. Ms. Paulonis succeeds Chris Brickman who will be stepping down. Mr. Brickman will continue to serve as President and Chief Executive Officer of the Company and as a member of the Board until September 30, 2021, when he will step down from both positions. Thereafter, Mr. Brickman will serve in a consulting capacity through March 31, 2022, to support an orderly transition. This leadership transition is the result of the Board of Directors’ and Mr. Brickman’s deliberate and collaborative approach to succession planning.
Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America, and Europe. The Company operates through two business segments: Sally Beauty Supply (SBS) and Beauty Systems Group (BSG). The SBS segment is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers, primarily in North America, Puerto Rico, and parts of Europe and South America. The BSG segment includes its franchise-based business Armstrong McCall, a service distributor of beauty products and supplies that offers professional beauty products directly to salons and salon professionals through its professional-only stores, e-commerce platforms and its own sales force in partially geographical territories in the United States and Canada. The Company operates approximately 4,486 company-operated stores.