Sally Beauty Holdings, Inc. Makes Senior Leadership Team Appointments
Sally Beauty Holdings, Inc. (NYSE: SBH) announced key leadership changes, appointing Marlo Cormier as Chief Financial Officer, John Goss as Senior Vice President and President of Sally Beauty Supply, and Mary Beth Edwards as Chief Information Officer and Chief Transformation Officer. Aaron Alt will leave the company effective November 27, 2020. The appointments align with the company’s succession planning and are part of its ongoing transformation plan, which remains on track for success.
- Marlo Cormier brings extensive financial experience as Chief Financial Officer, having previously held senior roles at Fossil Group and Callaway Golf.
- John Goss has a proven retail leadership background, previously handling over 2,900 stores at Sally Beauty, focusing on profitable growth.
- Mary Beth Edwards has shown strong leadership in global sourcing and key technology initiatives.
- Aaron Alt's departure may lead to concerns about continuity and the transition of leadership.
DENTON, Texas--(BUSINESS WIRE)--Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”) today announced a number of senior leadership team appointments in the areas of Finance, Operations and Information Technology, consistent with the Company’s prior succession planning. The Company also announced that Aaron Alt, Chief Financial Officer and President of Sally Beauty Supply, will be leaving the company, effective November 27, 2020, in order to pursue other opportunities. As discussed on the Company’s November 12, 2020 earnings call, the Company remains on track with its transformation plan.
Senior Leadership Appointments
- Marlo Cormier has been appointed as Chief Financial Officer. Ms. Cormier has been the Senior Vice President of Finance and Chief Accounting Officer since joining the Company in April 2020.
Prior to joining the Company, Ms. Cormier was the Senior Vice President, Corporate Finance and Chief Accounting Officer at Fossil Group, Inc. from 2013 to 2020 where her responsibilities included General Accounting, SEC Reporting, Financial Planning and Analysis, Tax and Treasury. Prior to Fossil Group, Ms. Cormier served in various executive roles at Callaway Golf from 2001 to 2013, including Vice President and Chief Accounting Officer. Ms. Cormier has a Bachelor’s degree in Business Administration from Oregon State University and is a Certified Public Accountant with seven years of experience with Deloitte where she held the position of Manager of Accounting and Audit Services.
- John Goss has been appointed as Senior Vice President and President of Sally Beauty Supply.
Mr. Goss brings over 30 years of retail experience to the role, having most recently served as Group Vice President and Head of Stores and Operations for Sally Beauty Supply. His responsibilities included leading over 2,900 retail stores and supporting the operations team, and most recently he led the deployment of Ship-From-Store (SFS) and Buy Online/Pickup in Store (BOPIS) across the Sally Beauty store network. Prior to joining the Company in 2016, Mr. Goss served consecutively as Vice President of Operations and then Vice President of Transformation Management Office for Signet Jewelers. Mr. Goss has held various leadership roles at Zales Jeweler, T-Mobile, Gap Inc., and L Brands throughout his career. Mr. Goss holds a Bachelor’s degree in Business Management from The University of Phoenix.
- Mary Beth Edwards has been appointed as Senior Vice President, Chief Information Officer and Chief Transformation Officer.
Previously, Ms. Edwards served as Group Vice President, Global Sourcing of Sally Beauty Holdings since April 2019. Prior to joining the Company, Ms. Edwards was Vice President of Global Operations at Arrow Electronics from 2015 to 2019 and Vice President, Operations ECS, Arrow Electronics from 2009 to 2015. Ms. Edwards is a combat veteran officer of the U.S. Army and holds a Bachelor of Arts from Temple University.
“Today’s changes reflect both the depth of our team as well as the strength of our succession planning process,” said Chris Brickman, president and chief executive officer. “Marlo brings extensive financial experience and leadership to the Company and John has a proven track record of retail leadership where he has delivered sales and profitable growth coupled with excellent transformational execution. In addition, Mary Beth has proven to be a great asset to the Company with her outstanding leadership of our transformation and key technology initiatives. Finally, we would like to thank Aaron for his many contributions to our aggressive transformation plan.” Mr. Alt added, “I’m proud of what we have accomplished with our transformation investments over the last few years, and I wish Chris and the team success.”
About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH) is an international specialty retailer and distributor of professional beauty supplies with revenues of approximately
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