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Sally Beauty’s CFO Resigns

3/11/2008

Denton, Texas Sally Beauty Holdings announced Tuesday that senior VP and CFO David L. Rea has resigned, effective April 11. Rea, who is leaving to spend more time with his family and to pursue other interests, has agreed to continue serving the specialty retailer in a consulting role for approximately three months following his termination date.

Mark Flaherty, Sally’s current chief accounting officer and controller, will serve as acting CFO as the company conducts a search of both internal and external candidates. Prior to joining Sally, Flaherty was the CFO of Tandy Brands Accessories.

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