Sally Beauty Holdings Appoints Denise Paulonis as Its New President, Effective Oct. 1, 2021
September 01, 2021 at 07:39 pm EDT
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Sally Beauty Holdings announced that it has tapped Denise Paulonis as its new president, effective Oct. 1, 2021. The current President and CEO, Chris Brickman, will step down from the C-suite and board at the end of the September 2021, but stay in a consulting role until March to ease the transition. Paulonis has sat on the company's board since 2018 and is the current chair of the audit committee.
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.