Sally Beauty appoints Aaron Alt as new supply head as same-store sales improve

By

Isabelle Crossley

Published
Oct 17, 2018

On October 16, Sally Beauty Holdings, Inc. announced its appointment of Aaron Alt as president of Sally Beauty Supply LLC. Alt will take on the role in addition to his current finance and supply chain responsibilities at Sally Beauty Holdings.

Alt will replace Carrie McDermott, who resigned from her position as president of Sally Beauty Supply to accept a CEO position at another company.

“We are pleased to appoint Aaron to this new role,” said Chris Brickman, president and CEO of Sally Beauty Holdings in a press release. “The expansion of Aaron’s management responsibilities recognizes his valuable skillset and the meaningful contributions he has already made to the company as we implement our transformation initiatives. I believe that with Aaron’s leadership, and the strength of the Sally leadership team, anchored by Chris Kobus, GVP Marketing and Digital, and John Goss, GVP Stores, we are well-positioned for future success in our Sally Beauty Supply business.”

The business also reported selected preliminary fiscal 2018 fourth quarter same-store sales for its Sally Beauty segment. Same-store sales improved to flat for the first time in seven quarters. Positive same-store sales in the U.S. and Canada saw a modest negative impact from the European arm of the business.
 
The business also announced the appointment of Heather Plutino to the role of group vice president of Finance and treasurer of Sally Beauty Holdings, effective October 29. Additionally, CIO Joe Brenner will now report to the business’ CEO Chris Brickman, reflecting the signficance of the key technology projects that Sally Beauty is undertaking, the company said.

“These appointments and changes further underscore our commitment to executing on our transformation strategy to generate profitable growth. With our detailed fiscal 2019 plans in place, our team is highly focused on executing against this plan,” said Brickman in a press release. “We look forward to providing an update on our progress on our fourth quarter earnings call.”
 
Sally Beauty Holdings expects to release its complete fiscal 2018 fourth quarter and full year results on November 8.