Sally Beauty Holdings, Inc., the leader in professional hair color with a global network of Sally Beauty and Beauty Systems Group stores, has appointed Adrianne Lee as Senior Vice President and Chief Financial Officer, effective April 28, 2026. Lee succeeds Marlo Cormier, who will be leaving the company effective April 11, 2026, to pursue other opportunities. The company simultaneously reaffirmed its financial guidance for both Q2 and full year fiscal 2026, previously provided on February 9, 2026, signaling continuity of strategic direction through the leadership transition.
A CFO With Deep Retail and Consumer Finance Credentials
Lee brings a strong track record across retail, rental, and consumer facing industries to the role. Most recently, she served as President and CFO at Bed Bath & Beyond, having joined the company as CFO in 2020, progressing to Chief Administrative Officer in 2024 and President in 2025. Prior to that, she held senior executive roles at The Hertz Corporation from 2014 to 2020, including SVP & CFO of North America Rental Car and Car Sales, and VP of Global Financial Planning & Analysis. Earlier in her career, Lee held finance roles at Best Buy, PepsiAmericas, Allianz Life, and PricewaterhouseCoopers, and earned a Bachelor of Arts in business administration with an accounting focus, cum laude, from the University of St. Thomas in St. Paul, Minnesota.
What Leadership Is Saying
Denise Paulonis, President and CEO of Sally Beauty Holdings, said, “We are excited to welcome Adrianne to the Company. Adrianne brings deep financial expertise across retail and other consumer facing industries as well as a strong strategic mindset. Her business acumen makes her a strong addition to our Senior Leadership Team, and her proven talent development capability will be a great asset as she leads our finance function.”
Lee said, “I am honored to join the Company at such an important point in its journey, with strong brands, clear strategic priorities, and meaningful opportunities ahead. Together with Denise and the rest of the leadership team, we will continue to advance the Company’s growth strategy, maintain disciplined financial execution and help drive long term value for shareholders.”
Guidance Reaffirmed Amid Transition
The decision to reaffirm Q2 and full year fiscal 2026 guidance alongside the CFO announcement is a deliberate signal to investors that the leadership change does not represent a disruption to Sally Beauty‘s financial trajectory. The company sells and distributes up to 7,000 products through its Sally Beauty segment and up to 8,000 professionally branded products through Beauty Systems Group stores branded as Cosmo Prof and Armstrong McCall, carrying brands including Paul Mitchell, Wella, Matrix, Schwarzkopf, OPI, and Moroccanoil.
