Item 5.02 |
Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers; Compensatory
Arrangements of Certain Officers.
|
On November 13, 2020, Aaron E. Alt notified Sally Beauty
Holdings, Inc. (the “Company”) that he is resigning from his
position as Senior Vice President, Chief Financial Officer and
President of Sally Beauty Supply. He will remain with the Company
through November 29, 2020 and thereafter will leave to pursue
another opportunity. Mr. Alt’s resignation was not the
result of any disagreement with the Company regarding its
operations, policies, practices or otherwise.
The Board of Directors of the Company appointed Ms. Marlo
Cormier as Chief Financial Officer of the Company, effective
November 16, 2020. Ms. Cormier, age 49, has been the
Senior Vice President, Finance and Chief Accounting Officer since
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. 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 7 years of experience with
Deloitte where she held the position of Manager, Accounting and
Audit Services.
With respect to the disclosure required by Item 401(d) of
Regulation S-K, there are
no family relationships between Ms. Cormier and any director
or executive officer of the Company. With respect to Item
404(a) of Regulation S-K, there are no relationships or
related transactions between Ms. Cormier and the Company that
would be required to be reported.
In addition, the Board appointed Ms. Mary Beth Edwards, the
Company’s current Group Vice President, Global Sourcing, to Senior
Vice President, Chief Information Officer and Chief Transformation
Officer and Mr. John Goss, the Company’s current Group Vice
President and Head of Stores and Operations for Sally Beauty
Supply, to Senior Vice President and President of Sally Beauty
Supply, in each case effective November 16, 2020.