Regis Names New CEO

Regis Corporation, the salon and hair care product retailing chain, announced Daniel Hanrahan has been named its new president and CEO, effective August 6, 2012. At that time, Hanrahan will also become a member of the Regis board of directors.

Hanrahan joins Regis from Royal Caribbean Cruises, where he was most recently president and CEO of Celebrity Cruises.

“Dan is a proven, results-oriented leader who understands the value of the customer experience and will be a great asset to Regis,” said Joel Conner, Regis’ chairman of the board. “With his operational background and extensive experience across a wide spectrum of consumer-facing brands, Dan is the ideal candidate to drive Regis’ comprehensive strategy to improve the salon experience and enhance value for our shareholders.”

“I am pleased to be joining Regis during this exciting time in its history, and plan to continue leveraging our deep expertise to further our strategic goal of enhancing the overall salon experience in order to drive customer retention and same-store sales while continuing to focus on improving profitability,” said Hanrahan. “Regis has a market leading position in the hair care industry and the opportunity to provide our customers with an outstanding experience. I look forward to working with the board, management team, and Regis’ highly talented employees to improve our business for the benefit of our customers, to provide growth opportunities for our employees and to significantly enhance value for our shareholders.”

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