European Wax Center appoints COO David Willis as CFO; updates FY2021 guidance

European Wax Center, Inc.

David Willis, current COO, appointed CFO effective Jan 12, 2022; retains COO role.
CFO Jennifer Vanderveldt departs; receives 12 months base salary, bonus, and 75,000 unit vest.
FY2021 total revenue expected within $175.5M-$178.5M (midpoint up ~71% vs 2020).
Adjusted EBITDA and adjusted net income expected to slightly exceed prior guidance.
Ended FY2021 with 853 centers; 57 net new centers; pipeline of >330 locations.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jennifer Vanderveldt

Chief Financial Officer

EWCZ · European Wax Center, Inc.

Effective: 2022-01-12
Successor: David Willis
Filed: January 18, 2022, 6:59 PM ET

Mr. Willis succeeds Jennifer Vanderveldt, who is leaving the Company to pursue other opportunities.

Appointed

David Willis

Chief Financial Officer

EWCZ · European Wax Center, Inc.

Effective: 2022-01-12
Filed: January 18, 2022, 6:59 PM ET

Chief Operating Officer David Willis has been appointed Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer Vanderveldt departed as Chief Financial Officer at European Wax Center, Inc..

Action: leaving
Role: Chief Financial Officer

Exact text from the filing

Mr. Willis succeeds Jennifer Vanderveldt, who is leaving the Company to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Willis was appointed as Chief Financial Officer at European Wax Center, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Chief Operating Officer David Willis has been appointed Chief Financial Officer.

View on SEC.gov

European Wax Center, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-004609

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