leadership
confidence high
sentiment neutral
materiality 0.65
Sally Beauty Holdings names Adrianne Lee as CFO; Marlo Cormier resigns
Sally Beauty Holdings, Inc.
- Marlo Cormier resigns as CFO effective April 11, 2026; will receive $881,250 severance (15 months' salary) plus benefits.
- Adrianne Lee appointed SVP and CFO effective April 28, 2026; previously President & CFO at Bed Bath & Beyond.
- Kim McIntosh, Chief Accounting Officer, serves as interim principal financial officer from April 11 to April 28.
- Lee receives base salary $725,000, target bonus 75%, and sign-on cash bonus $175,000 plus equity grants.
- Company reaffirms Q2 and FY 2026 financial guidance previously provided on February 9, 2026.
item 5.02item 9.01