May 26, 2022

Moka Bellaire


Sally Splendor appoints its initial woman CEO

2 min read

A previous Michaels Firms government is taking the leading at Sally Splendor Holdings.

The splendor firm appointed Denise Paulonis as president and CEO, powerful Oct 1. Paulonis will be the initially woman chief executive in the company’s historical past and also one particular of the handful of lady to direct a publicly traded business.  She succeeds Chris Brickman who is stepping down on Sept. 30. Brickman will provide in a consulting capability through March 31 to assistance an orderly transition.

Most lately, Paulonis was CFO of Sprouts Farmers Industry. From 2014 to 2020, she served in numerous govt roles at The Michaels Businesses, which includes as govt VP and CFO, senior VP of finance and treasurer, and VP of company finance, investor relations and treasury.

From 2000 to 2014, Paulonis held senior amount positions with PepsiCo, McKinsey & Firm and Financial institution of The united states. She has been a member of Sally Beauty’s board because 2018 and is the current chair of the audit committee.

“As the enterprise emerges from the tough function of its transformation, both equally the board and Chris concur that now is the appropriate time for a adjust in management,” stated Robert McMaster, chair, Sally Beauty. “During Chris’s tenure, the enterprise ushered in numerous new initiatives, which include strengthening Sally Beauty Holdings’ standing as the largest omnichannel hair colour retailer, introducing modernized loyalty courses, investing drastically in technology and improving our electronic capabilities, and primary the business by the pandemic.”

[Read More: Sally Beauty optimizes pricing with AI]

McMaster continued:

“The board has taken a thoughtful technique to succession planning to assure that Sally Splendor Holdings is greatest positioned to proceed its momentum, and we unanimously imagine Denise is the proper leader to generate the subsequent stage of the company’s advancement. “With her working experience and confirmed motivation to the corporation, we believe Denise will give contemporary perspectives and important insights in get to consider our brands and our business into the upcoming.”

Sally Magnificence Holdings sells and distributes experienced splendor supplies globally by means of its Sally Elegance Provide and Elegance Devices Group organizations. The enterprise operates roughly 5,000 stores, which include 141 franchised destinations.

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