Sally Beauty Holdings, Inc. Announces the Election of Diana Ferguson to the Board of Directors
DENTON, Texas--(BUSINESS WIRE)--
Sally Beauty Holdings, Inc. (NYSE: SBH) today announced that Diana S.
Ferguson, the Chief Financial Officer at Cleveland Avenue, LLC, a
venture capital investment firm, was elected to the Board of Directors
at the Company’s Annual Meeting of stockholders. Ms. Ferguson is a
qualified financial expert with public company Audit Committee
experience.
“I am extremely pleased to welcome Diana to the Board,” stated Bob
McMaster, Chairman of the Board of Directors. “She is an experienced
financial executive with a track record of success in corporate
financial management, strategic planning and transaction execution. I am
confident that Diana will make a positive contribution as a member of
our Board as SBH continues its transformation towards long-term growth.”
“I am honored and excited to serve on the board of Sally Beauty
Holdings,” Ferguson said. “I look forward to working with the Board and
with the company’s outstanding management team to help shape the
company’s strategy.”
Ms. Ferguson currently serves as Chief Financial Officer for Cleveland
Avenue, LLC, a privately-held venture capital firm which invests in
innovative restaurant, food and beverage concepts and emerging brands.
In addition, Ms. Ferguson has served as a principal of Scarlett
Investments, LLC, a private investment firm, since 2013. She also served
as Chief Financial Officer of the Chicago Board of Education (February
2010 to May 2011) and as Senior Vice President and Chief Financial
Officer of The Folgers Coffee Company, a maker of coffee products (April
2008 to November 2008) until Folgers was sold in 2008. Prior to joining
Folgers, she was Executive Vice President and Chief Financial Officer of
Merisant Worldwide, Inc. Ms. Ferguson also served as the Chief Financial
Officer of Sara Lee Foodservice, a division of Sara Lee Corporation, and
in a number of leadership positions at Sara Lee Corporation, including
Senior Vice President of Strategy and Corporate Development, as well as
Treasurer.
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 $3.9 billion annually. Through the Sally Beauty Supply
and Beauty Systems Group businesses, the Company sells and distributes
through 5,129 stores, including approximately 180 franchised units, and
has operations throughout the United States, Puerto Rico, Canada,
Mexico, Peru, Chile, the United Kingdom, Ireland, Belgium, France, the
Netherlands, Spain and Germany. 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 sallybeautyholdings.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190131005648/en/
Jeff Harkins
Investor Relations
940-297-3877
Source: Sally Beauty Holdings, Inc.
