– USA, TX – Sally Beauty Holdings, Inc. (NYSE: SBH) today announced the appointment of current Independent Director Diana Ferguson as Chair-Elect, to succeed Bob McMaster who will step down as Chair of the Board at the next AGM on January 26, 2023.
“Over the past year, Diana has contributed meaningfully to the establishment of the Company’s future-focused strategic pillars with her insights, commitment, financial expertise and Board experience. She is an outstanding choice to lead our Board, and I look forward to working with Diana in her new capacity,” said, president and CEO, Denise Paulonis.
Ed Rabin, Marshall Eisenberg and John Miller have also announced their upcoming retirements from the Board.
About Diana Ferguson
Ms. Ferguson has been a Director at the Company since 2019 and currently serves as Chair of the Compensation and Talent Committee. She brings an extensive track record of success in corporate financial management, strategic planning and transaction execution.
“I am honored to be Chair Elect to the Board and I thank Bob for his leadership,” said Ms. Ferguson. “I believe strongly in our mission and people, and I am confident Sally Beauty Holdings has the right team and strategy in place to continue executing on our strategic plan and delivering value for all our stakeholders. I look forward to this opportunity and to continuing to work with my fellow Directors and the Company’s management team to position Sally Beauty for long-term success.”
Ms. Ferguson has served as a principal of Scarlett Investments, LLC, a private investment firm, since 2013. She formerly served as CFO to Cleveland Avenue, LLC, a venture capital investment firm, from September 2015 to December 2020. She also served as CFO of the Chicago Board of Education from February 2010 to May 2011 and as SVP and CFO of The Folgers Coffee Company from April 2008 to November 2008 when Folgers was sold. Prior to joining Folgers, she was EVP and CFO of Merisant Worldwide, Inc. Ms. Ferguson also served as CFO of Sara Lee Foodservice, a division of Sara Lee Corporation, and in a number of leadership positions at Sara Lee Corporation, including SVP of Strategy and Corporate Development, as well as Treasurer.
She currently is a Director of Mattel, Inc., where she serves on the Audit Committee and is also a Director of Gartner, Inc., where she serves on the Audit Committee.
About Sally Beauty Holdings
Sally Beauty Holdings, Inc., as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty Supply and Beauty Systems Group businesses. Sally Beauty Supply stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion, Strawberry Leopard, Generic Value Products, Beyond the Zone and Silk Elements as well as professional lines such as Wella, Clairol, OPI, Conair and L’Oreal. Beauty Systems Group stores, branded as CosmoProf or Armstrong McCall stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell, Wella, Matrix, Schwarzkopf, Kenra, Goldwell, Joico and Olaplex, intended for use in salons and for resale by salons to retail consumers.
For more information : https://www.sallybeauty.com/
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