On January 29, 2013, the Board of Directors of Regis Corp. approved certain changes in the company's Board leadership. Stephen E. Watson was appointed Chairman of the Board, succeeding Joel M. Conner.

Mr. Conner served as Chairman of the Board since May 1, 2012, after serving as Lead Director since October, 2011. His tenure as Lead Director and Chairman bridged the company through the senior management transitions occurring during that time, including the hiring and integration of the company's new Chief Executive Officer in August 2012. Mr. Conner will remain on the Board.

The Board also appointed James P. Fogarty as Chair of the Compensation Committee, succeeding Mr. Watson.