Sally Beauty Holdings, Inc. Announces the Appointment of David W. Gibbs to the Board of Directors
DENTON, Texas--(BUSINESS WIRE)--
Sally Beauty Holdings, Inc. (NYSE: SBH) today announced that David W.
Gibbs, Chief Executive Officer of Pizza Hut, has been elected to Sally
Beauty Holdings Board of Directors and appointed as a member of the
Audit Committee of the Board of Directors. Gibbs brings more than twenty
years of experience in finance, corporate strategy, real estate
development and e-commerce.
“I am very pleased to welcome David to the Board,” stated Bob McMaster,
Sally Beauty Holdings Chairman. “He brings a wealth of experience,
especially in consumer goods and in building a global business. His
strong finance and strategy background will augment our Board’s breadth
of talent and experience. I am confident that David will make a positive
contribution and will be a great asset as SBH continues to grow
worldwide.”
“I am honored to serve on the board of Sally Beauty Holdings,” Gibbs
said. “I look forward to working with the Board and with the company’s
outstanding management team to help shape the strategy and continued
growth of this winning company.”
Gibbs, age 52, is the Chief Executive Officer of Pizza Hut, a division
of Yum! Brands and one of the world’s largest global casual dining
chains, a position he has held since 2015. In this capacity, Gibbs is
responsible for overseeing the Pizza Hut organization, including the
development of a global growth strategy for the company. Gibbs joined
the restaurant division of Pepsico in 1989, which later became part of
Yum! Brands, and has served in a variety of executive roles with Yum!
Brands, including Chief Strategy Officer and Chief Financial Officer of
Yum! Restaurants International.
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 $3.8 billion annually. Through the Sally Beauty Supply and Beauty
Systems Group businesses, the Company sells and distributes through
approximately 5,000 stores, including approximately 175 franchised
units, throughout the United States, the United Kingdom, Belgium, Chile,
Peru, Colombia, France, the Netherlands, Canada, Puerto Rico, Mexico,
Ireland, Spain and Germany. Sally Beauty Supply stores offer up to
10,000 products for hair, skin, and nails through professional lines
such as Clairol, L’Oreal, Wella and Conair, as well as an extensive
selection of proprietary merchandise. Beauty Systems Group stores,
branded as CosmoProf or Armstrong McCall stores, along with its outside
sales consultants, sell up to 10,000 professionally branded products
including Paul Mitchell, Wella, Sebastian, Goldwell, Joico, and Aquage
which are targeted exclusively for professional and salon use and resale
to their customers. For more information about Sally Beauty Holdings,
Inc., please visit sallybeautyholdings.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160303005322/en/
Sally Beauty Holdings, Inc.
Investor Relations
Karen Fugate,
940-297-3877
Source: Sally Beauty Holdings, Inc.
