Wella Company Chief Executive Officer Annie Young-Scrivner Steps Down; Glenn K. Murphy Appointed by the Board as Executive Chair

(NEW YORK/GENEVA – January 21, 2025) -- Wella Company today announced that Annie Young-Scrivner has resigned from her role as Chief Executive Officer and Board Director. Current Board Chair Glenn K. Murphy has been appointed by the Board to oversee the company as Executive Chair.

Glenn has been Wella Company’s Board Chair for the last two years. The company noted family matters as a contributing reason for Annie’s departure. Global beauty leader Wella Company was established four years ago as an independent company. Its portfolio includes iconic brands in the professional and retail hair, nails, and beauty tech segments of the beauty industry.

Glenn brings a proven track record and deep experience as a transformational leader, having held multiple CEO and Executive Chair roles at companies including Gap Inc., Lululemon Athletica, Inc., and Shoppers Drug Mart Inc. His strength in driving commercial excellence while changing the businesses’ growth trajectory will be invaluable in helping Wella Company continue to accelerate growth and achieve both its short- and long-term ambitions.

“This is a pivotal time in Wella Company’s evolution, and I am excited to oversee the work of the team as we elevate the business to new levels of performance and success,” said Murphy.

He added, “In Annie’s four years as Wella Company’s CEO, she helped establish a solid foundation for future growth. We thank her for her many contributions and wish her all the best.”

Wella Company is an innovative global beauty leader with a portfolio of iconic hair and nails brands for industry professionals and consumers, including Wella Professionals, OPI, ghd, Briogeo, Nioxin, Sebastian Professional, and Clairol.

Our compelling vision to enable individuals to look, feel, and be their true selves is built on our 140+ year history of creating legendary beauty. Our brand portfolio reflects this spirit: professionally credentialed and many, founder created. Our fusion of science, technology, and artistry produces performance-led products, often further distinguished by patented technology.

Professional hair and nail industry artists and beauty-loving consumers are at the heart of everything we do. In just four years, we have transformed our business and our brand portfolio. We are the #1 Salon Color Brand in the World with Wella Professionals and #1 Salon Nail Brand in the world with OPI.

Working as a connected, diverse global community of 5,000+ employees, we lead for action and drive results with an Owner’s Mindset, guided by company Values, our entrepreneurial spirit, and One Team accountability. We have a shared desire to positively impact the communities we serve.

Our Ambition: To become one of the best beauty companies in the industry. One to last for generations to come. We dream big because we know our potential is unstoppable.