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Sally Beauty Holdings Appoints Erin Nealy Cox to the Board of Directors

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Sally Beauty Holdings, Inc. (NYSE: SBH) has appointed Erin Nealy Cox to its Board of Directors. Bob McMaster, Chair of the Board, expressed enthusiasm about her return as an independent director, emphasizing her leadership qualities. Nealy Cox has a strong background as a trial attorney and cybersecurity expert, previously serving on the Board from August 2016 to November 2017 before taking the role of U.S. Attorney for the Northern District of Texas until January 2021. She brings valuable experience from positions at McKinsey & Co. and Stroz Friedberg.

Positive
  • Erin Nealy Cox's return adds valuable expertise in cybersecurity and law to the Board.
  • Nealy Cox's previous experience on the Board may enhance continuity and effective governance.
Negative
  • None.

Sally Beauty Holdings, Inc. (NYSE: SBH) today announced the appointment of Erin Nealy Cox, to the Board of Directors.

Erin Nealy Cox appointed to the Board of Directors (Photo: Business Wire)

Erin Nealy Cox appointed to the Board of Directors (Photo: Business Wire)

“I am extremely pleased to welcome Erin back to our Board,” stated Bob McMaster, Chair of the Board of Directors. “We are excited about her return as an independent director and we look forward to her leadership.”

Ms. Nealy Cox is a trial attorney, cybersecurity expert and former federal prosecutor who served as an independent director on our Board and Audit Committee from August 2016 to November 2017. She resigned from the Board when she was nominated and confirmed as the U.S. Attorney for the Northern District of Texas. Ms. Nealy Cox served in this role until January 2021. Prior to her appointment as the U.S. Attorney, she served briefly in 2017 as a senior advisor at McKinsey & Co. in the consulting firm’s cybersecurity and risk practice. From 2008 to 2016 Ms. Nealy Cox was executive managing director at Stroz Friedberg, a cybersecurity and investigations consulting firm. She began her legal career serving as an Assistant U.S. Attorney for ten years in the Northern District of Texas. Ms. Nealy Cox graduated with a BBA in Finance from The University of Texas at Austin and a JD from SMU School of Law.

About Sally Beauty Holdings, Inc.

Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty Supply and Beauty Systems Group businesses. The Company operates approximately 5,000 stores, including 141 franchised locations. Sally Beauty Supply stores offer up to 8,000 products for hair color, hair care, skin care, and nails through proprietary brands such as Ion®, Generic Value Products®, Beyond the Zone® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, Conair® and Hot Shot Tools®. Beauty Systems Group stores, branded as CosmoProf® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 10,500 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico® and CHI®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit https://www.sallybeautyholdings.com/.

FAQ

Who is Erin Nealy Cox and what is her role at Sally Beauty Holdings?

Erin Nealy Cox is a newly appointed independent director at Sally Beauty Holdings, bringing extensive experience in law and cybersecurity.

What are Erin Nealy Cox's qualifications for joining the Board of Directors of SBH?

Nealy Cox has a strong background as a trial attorney, cybersecurity expert, and former U.S. Attorney, making her well-qualified for a leadership role.

When did Erin Nealy Cox previously serve on the Board of SBH?

Erin Nealy Cox served on the Board of Sally Beauty Holdings from August 2016 to November 2017.

How might Erin Nealy Cox's experience impact Sally Beauty Holdings?

Her legal and cybersecurity expertise could strengthen the Board's oversight and strategic direction, enhancing company governance.

Sally Beauty Holdings, Inc.

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