8-K
filed October 12, 2023, 7:59 PM ET
ticker OLPX
CIK 0001868726
leadership
confidence high
sentiment neutral
materiality 0.70
Olaplex names John Bilbrey interim CEO; Amanda Baldwin to succeed in Q4 2023/Q1 2024
OLAPLEX HOLDINGS, INC.
- JuE Wong steps down as President and CEO effective Oct 12, 2023; remains employed until Oct 20.
- John P. Bilbrey (Executive Chair) appointed interim CEO; previously CEO of Hershey.
- Amanda Baldwin to become CEO between Nov 27, 2023 and Jan 8, 2024; base salary $1M, sign-on $250K, equity awards ~$13M.
- Separation agreement with Wong includes 12 months salary, COBRA, pro rata bonus, 120-day option exercise.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
JuE Wong resigned as Member of the Board of Directors at OLAPLEX HOLDINGS, INC..
- Action
- resigned
- Role
- Member of the Board of Directors
Exact text from the filing
Ms. Wong has resigned from her position as a member of the Company’s board of directors (the “Board”), effective October 12, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John P. Bilbrey was appointed as Chief Executive Officer at OLAPLEX HOLDINGS, INC..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
John P. Bilbrey has been appointed as interim Chief Executive Officer of the Company, effective as of such date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Amanda Baldwin was appointed as Member of the Board of Directors at OLAPLEX HOLDINGS, INC..
- Action
- appointed
- Role
- Member of the Board of Directors
Exact text from the filing
Subject to her appointment as Chief Executive Officer of the Company, Ms. Baldwin also will be appointed to the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
JuE Wong resigned as President and Chief Executive Officer at OLAPLEX HOLDINGS, INC..
- Action
- resigned
- Role
- President and Chief Executive Officer
Exact text from the filing
JuE Wong, who no longer serves as President and Chief Executive Officer, effective as of October 12, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Amanda Baldwin was appointed as Chief Executive Officer at OLAPLEX HOLDINGS, INC..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
Amanda Baldwin, pursuant to which Ms. Baldwin and the Company have agreed that she will join the Company as Chief Executive Officer, effective on a date to be determined between November 27, 2023 and January 8, 2024.
View on SEC.gov
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