Business
European Wax Center, Inc. Announces Leadership Updates
Current Chief Financial Officer and Chief Operating Officer David Willis Promoted to President Consumer Industry Veteran Stacie Shirley Appointed to Chief
About this update from European Wax Center, Inc.
[{"type":"text","content":"Current Chief Financial Officer and Chief Operating Officer David Willis Promoted to President Consumer Industry Veteran Stacie Shirley Appointed to Chief Financial Officer PLANO, Texas, March 09, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (the “Company” or “European Wax Center”) (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced the appointment of Stacie Shirley to Chief Financial Officer effective March 27, 2023. Stacie Shirley succeeds David Willis who has been promoted to President effective March 27, 2023. Mr. Willis will retain his role as Chief Operating Officer of the Company. “Today’s announcement reflects our commitment to building a strong bench of leaders that will continue to execute on European Wax Center’s growth story. On behalf of the Board and the entire leadership team, we could not be more thrilled to welcome Stacie as our next Chief Financial Officer. She is a proven leader with over 20 years of consumer industry and franchise expertise and brings a unique understanding of our business and the guests we serve,” said David Berg, Chief Executive Officer of European Wax Center. “Stacie has a track record of executing organizational processes and financial strategy and will be a strong asset to the Company as we drive long-term growth and deliver value to all stakeholders.” As President and Chief Operating Officer, Mr. Willis will continue to have responsibility for Business Development, Data Insights, and Supply Chain functions. In addition, he will now oversee the Company’s Chief Franchise Officer and related functions, which include franchise business consultants, field trainers, learning and development, guest relations and corporate-owned centers. Mr. Berg continued, “We are pleased to elevate David to this critical leadership role as we continue to scale our footprint as the category leader in out-of-home waxing. In addition, I want to thank David for his invaluable contributions to the success of our business and the execution of our financial objectives while serving as CFO. He stepped back into the CFO role last year and has done a tremendous job steering European Wax Center through its first year as a public company.” Most recently, Stacie Shirley was the Chief Financial Officer of Keller Williams, the wor...