SBH · Sally Beauty Holdings, Inc.

Sally Beauty Holdings announced a transition in the Chief Financial Officer role. Marlo Cormier is resigning as SVP and CFO to pursue other opportunities, effective April 11, 2026. The filing explicitly states her resignation was not the result of any disagreement with the Company. To ensure continuity, Kim McIntosh, the current Chief Accounting Officer, will serve as principal financial officer during the interim period. Adrianne Lee has been appointed as the new SVP and CFO, effective April 28, 2026. Ms. Lee brings significant experience from Bed Bath & Beyond, where she served in roles including President & CFO, and from Hertz Corporation. Her compensation package is structured with a $725,000 base salary, a 75% target bonus, and substantial equity incentives totaling $1.85 million for fiscal 2026, indicating a competitive offer to secure her appointment. The Company also reaffirmed its financial guidance for the second quarter and fiscal year 2026, suggesting the executive transition is not expected to disrupt current financial performance expectations.