Adrian Lee, former president and chief financial officer of Bed Bath & Beyond, has been appointed chief financial officer of Sally Beauty Holdings. [Photo: BBB/PR Newswire]
Plano-based Sally Beauty Holdings (NYSE: SBH) announced that Adrian Lee has been named the company’s new SVP and Chief Financial Officer, effective April 28. She replaces Marlo Cormier, who is leaving the company on April 11, 2026 to pursue other opportunities.
Mr. Lee most recently served as President and CFO of Bed Bath & Beyond, which today announced the acquisition of Coppell-based The Container Store.
Mr. Lee joined Bed Bath & Beyond in 2020 as CFO, became the company’s chief administrative officer in 2024, and became president in 2025. Prior to that, he held senior management positions at The Hertz Corporation from 2014 to 2020, where he served as SVP and CFO of North American Rental Car and Automotive Sales and Vice President of Global Financial Planning and Analysis.
Earlier in his career, Mr. Lee held finance-focused positions at Best Buy, PepsiAmericas, Allianz Life, and Price Waterhouse Coopers. She attended the University of St. Thomas in St. Paul, Minnesota, where she earned a bachelor’s degree with honors in business administration with an emphasis in accounting.
Dennis Paulonis, president and CEO of Sally Beauty, said Lee brings “deep financial expertise and strong strategic thinking to retail and other consumer-facing industries.”
“Her business acumen makes her a strong addition to our senior leadership team, and her proven people development abilities will be a great asset in leading our finance department,” Paulonis added in a statement. “I look forward to working closely with her to continue executing our strategy.”
Mr. Lee said so. He is honored to join Sally Beauty “at a pivotal point in its journey, with a strong brand, clear strategic priorities and meaningful opportunities ahead.”
“Together with Dennis and the rest of the management team, we will continue to advance the company’s growth strategy, maintain disciplined financial execution, and contribute to long-term value for our shareholders,” Lee added.
Paulonis thanked Cormier for his contributions to Sally Beauty over the past six years and for his “many positive contributions.” “We wish her all the best in her next chapter,” she added.
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