Sally Beauty Holdings, Inc. Announces Management Changes
January 27, 2018 at 03:56 am IST
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On January 25, 2018, Mr. Matthew O. Haltom notified Sally Beauty Holdings, Inc. that he is resigning from his position as Senior Vice President, General Counsel and Secretary effective immediately. Mr. Haltom's resignation was not the result of any disagreement with the company regarding its operations, policies, practices or otherwise. Also on January 25, 2018, the Board of Directors of the company appointed Mr. John Henrich as Interim General Counsel and Secretary of the company.
Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America, and Europe. The Company operates through two business segments: Sally Beauty Supply (SBS) and Beauty Systems Group (BSG). The SBS segment is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers, primarily in North America, Puerto Rico, and parts of Europe and South America. The BSG segment includes its franchise-based business Armstrong McCall, a service distributor of beauty products and supplies that offers professional beauty products directly to salons and salon professionals through its professional-only stores, e-commerce platforms and its own sales force in partially geographical territories in the United States and Canada. The Company operates approximately 4,486 company-operated stores.