Sally Beauty Holdings, Inc. Announces Board Changes
January 31, 2020 at 04:36 pm EST
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Sally Beauty Holdings, Inc. announced that Timothy R. Baer; Former Executive Vice President, Chief Legal Officer and Corporate Secretary of Target Corporation; and Dorlisa K. Flur; Former Chief Strategy and Transformation Officer of Southeastern Grocers, Inc.; were elected to the Board of Directors at the company's Annual Meeting of stockholders. Mr. Baer founded and has been Managing Partner of TRB Partners LLC since 2017 and of TRB Law PPLC since 2019. In addition, Mr. Baer has served as Co-Chair of the PJT Camberview Advisory Council since 2017. Mr. Baer has previously served as a board member for Greater MSP and Greater Twin Cities United Way. Ms. Flur has served as Senior Advisor to Southeastern Grocers, Inc. since August 2018 and was previously its Chief Strategy and Transformation Officer from August 2016 to July 2018. Prior to that, Ms. Flur served as Executive Vice President, Omnichannel for Belk, Inc. from February 2013 to January 2016, where she integrated stores and e-Commerce and also led supply chain. She was previously Vice Chair, Strategy and Chief Administrative Officer at Family Dollar Stores, Inc. where she held a series of top operational roles including real estate, marketing and merchandising. Mr.David Gibbs did not stand for re-election at the company's 2020 annual meeting of stockholders held on January 30, 2020.
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.