Sally Beauty Holdings, Inc. (NYSE: SBH) has announced the resignation of Marlo Cormier from her position as Senior Vice President and Chief Financial Officer, effective April 11, 2026. The resignation was mutually agreed upon and is not due to any disagreements regarding the company's operations or policies. In connection with her departure, Cormier will receive a gross payment of $881,250, continuation of health insurance for 15 months, a prorated annual bonus for fiscal year 2026, and outplacement services for 12 months. The company has appointed Adrianne Lee as the new Senior Vice President and Chief Financial Officer, effective April 28, 2026. Lee brings extensive experience from her previous roles at Bed Bath & Beyond, where she served as President and CFO. The company reaffirmed its financial guidance for the second quarter and fiscal year 2026, indicating stability in its operations despite the leadership change. This transition is expected to have a small positive effect on the stock price as the company continues to execute its growth strategy.

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