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Sally Beauty hires three new board directors

Sally Beauty has appointed three new directors to its board as it looks to enhance its expertise across retail operations. The hirings include Rachel Bishop, president… View Article

HEALTH & BEAUTY

Sally Beauty hires three new board directors

Sally Beauty has appointed three new directors to its board as it looks to enhance its expertise across retail operations.

The hirings include Rachel Bishop, president of Hefty Tableware at Reynolds Consumer Products,  Jeffrey Boyer, chief operating officer of Fossil Group, and Lawrence “Chip” Molloy, chief financial officer of Sprouts Farmers Market.

Sally Beauty said the move means that its board now comprises 46% women and is 8% racially or ethnically diverse.

Bob McMaster, chair of the board of directors, said: “On behalf of my fellow directors, we are very pleased to welcome Rachel, Jeff and Chip to the Sally Beauty Holdings’ Board.

“These appointments are aligned with our commitment to engaging in intentional and thoughtful board refreshment and bring three highly respected executives with extensive experience in the retail and consumer goods industries to the board.”

Prior to joining Reynolds in 2019, Bishop held senior positions with Treehouse Foods and also previously worked as GVP retail development and global merchandising at Walgreens.

An experienced finance and operations executive and retail industry veteran, Boyer’s career has also included stints in chief financial officer roles at Pier 1 Imports, Tuesday Morning and Michaels.

Meanwhile Molly has a finance and private equity background.

McMaster added: “Collectively, Rachel, Jeff and Chip enhance our expertise across retail operations, strategy, finance and we look forward to benefiting from their insights and fresh perspectives. We are confident that each of them will make valuable contributions to the Board and the Company to help drive sustainable growth and compelling value for shareholders.”

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