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May 1, 2014
07:05 EDTSBHSally Beauty announces CEO succession plan
Following the completion of its succession planning process, the Board approved the appointment of Christian A. Brickman as the company’s new President and COO effective June 2, 2014. At the request of the Board, Gary Winterhalter, the Company’s current Chairman, CEO and President will continue his management of the Company in his current roles as the Company’s Chairman of the Board and CEO through April 30, 2015 or such earlier date as the Board may determine, and will work with the Board and Mr. Brickman to facilitate a transition of his duties and responsibilities as Chief Executive Officer to Mr. Brickman during this period. Upon the successful transition of the role of CEO, Mr. Winterhalter has agreed to continue serving at the discretion of the Board as Executive Chairman of the Board through January 2018 performing such duties as are customary for that position and as are requested by the CEO or the Board. Mr. Brickman will continue to serve as a member of the Board.
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March 25, 2015
07:54 EDTSBHSally Beauty price target raised to $40 from $36 at RW Baird
Baird raised its price target on Sally Beauty to $40 from $36 on increased conviction the company can improve results across multiple facets of its business. The firm also sees solid industry dynamics, structural margin drivers, and continued buybacks and reiterated its Outperform rating on Sally Beauty shares.

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