New CEO For Mary Kay

Mary Kay Inc. has promoted President and Chief Operating Officer David Holl to CEO, the company said Monday.

Former CEO Richard R. Rogers, Mary Kay Ash's son and co-founder of the company, will become executive chairman. Get the latest business news on the go!Brought to you by CingularHoll, who joined Mary Kay in 1993, has served in various positions at the Addison-based cosmetics corporation, including chief financial officer and treasurer.

"Throughout the past 13 years, David's leadership and expertise have contributed significantly to Mary Kay's unprecedented growth, including our successful expansion into Eastern Europe and China, which today represent our fastest-growing markets," Rogers said. "For the past five years, David has been managing the bulk of the company's day-to-day operations, so this promotion is much deserved."

Holl will direct the company's operational and fiscal initiatives.

Mary Kay is a privately held company with more than 4,000 employees worldwide and more than 1.6 million independent beauty consultants. The company's 2005 revenue exceeded $2.2 billion.

Mary Kay names new CEO - Dallas Business Journal:

 

 

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