secwatch.observer — SEC 8-K summary
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Issuer:     OLAPLEX HOLDINGS, INC. (OLPX)
CIK:        0001868726
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001193125-24-087411
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olaplex CFO Tiziani resigns; Q1 net sales guidance reaffirmed at $92-97M
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- CFO Eric Tiziani resigns effective May 6, 2024; external search for successor launched.
- Paul Kosturos (Alvarez & Marsal) named interim CFO; estimated fee of ~$38,000 per week.
- Q1 2024 net sales guidance reaffirmed at $92M-$97M, as previously disclosed on Feb 29.
- Tiziani to work closely with Kosturos to ensure smooth transition before departure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868726/000119312524087411/0001193125-24-087411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868726/000119312524087411/d818450d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-087411

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer