BeautyHealth Names Michael Monahan Chief Financial Officer
August 09 2023 - 7:25AM
Business Wire
The Beauty Health Company (NASDAQ: SKIN), home to flagship brand
Hydrafacial, today announces Michael Monahan has been named Chief
Financial Officer, effective August 10, 2023. He succeeds Liyuan
Woo, who is leaving BeautyHealth but will remain as an advisor
until September 1, 2023 to assist with the transition.
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the full release here:
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Michael Monahan, BeautyHealth (Photo:
Business Wire)
"Michael joins BeautyHealth as we bring to life our vision of a
multi-brand ecosystem company, with a significant and untapped
runway ahead. He is a highly regarded CFO with a strong blend of
financial expertise and strategic vision who will continue to
enhance our financial strategy, planning and reporting
capabilities. I am looking forward to welcoming Michael to
BeautyHealth’s management team,” said BeautyHealth President and
CEO Andrew Stanleick.
With nearly 15 years of experience as a public and private
company CFO and more than 25 years of accounting and financial
management experience, Monahan has a track record of driving
financial and operational success in high-growth businesses. Most
recently, he served as CFO of Casper Sleep (NYSE: CSPR), following
its IPO. Prior, he served as CFO of Nutrisystem (NASDAQ: NTRI),
quintupling its market cap and overseeing key M&A during his
tenure.
“BeautyHealth is an impressive category-creating company with a
strong foundation and a lot of room for profitable growth,” said
Monahan. “I am delighted to partner with Andrew and the team to
continue to build the business as a true multi-brand
ecosystem.”
Commenting on Woo’s departure, Stanleick said, “The Board and I
are grateful for Liyuan’s many meaningful contributions over the
past several years. She has been a dynamic force during this
transformative period for BeautyHealth, which included our journey
to becoming a public company. We wish Liyuan every success in her
future endeavors.”
About The Beauty Health Company
The Beauty Health Company (NASDAQ: SKIN) is a global
category-creating company delivering millions of skin health
experiences every year that help consumers reinvent their
relationship with their skin, bodies, and self-confidence. Our
brands are pioneers: Hydrafacial™ in hydradermabrasion, SkinStylus™
in microneedling, and Keravive™ in scalp health. Together, with our
powerful community of estheticians, partners, and consumers, we are
personalizing skin health for all ages, genders, skin tones, and
skin types in more than 90 countries. We are committed to being
ever more mindful in how we conduct our business to positively
impact our communities and the planet. Find a local provider at
https://hydrafacial.com/find-a-provider/, and learn more at
beautyhealth.com or LinkedIn.
Forward-Looking Statements
Certain statements made in this release are “forward looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995,
including statements regarding The Beauty Health Company’s
strategy, plans, objectives, initiatives and financial outlook.
When used in this press release, the words “estimates,”
“projected,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,”
“propose” and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements.
These forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside The Beauty Health Company’s
control, that could cause actual results or outcomes to differ
materially from those discussed in the forward-looking statements.
As such, readers are cautioned not to place undue reliance on any
forward-looking statements.
Important factors that may affect actual results or outcomes
include, among others: The Beauty Health Company’s ability to
manage growth; The Beauty Health Company’s ability to execute its
business plan; potential litigation involving The Beauty Health
Company; changes in applicable laws or regulations; and the
possibility that The Beauty Health Company may be adversely
affected by other economic, business, and/or competitive factors.
The Beauty Health Company does not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230809857384/en/
The One Nine Three Group Investors: BeautyHealthIR@the193.com
Press: BeautyHealth@the193.com
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