In a major shakeup, Wella Company has announced that Annie Young-Scrivner has resigned from her role as Chief Executive Officer and Board Director effective January 21, 2025. Current Board Chair, Glenn K. Murphy, has been appointed by the Board to oversee the company as Executive Chair.
Murphy has been Wella Company’s Board Chair for the last two years. According to a release posted to the company’s website, “family matters” were a “contributing reason for [Young-Scrivner’s] departure.”
Wella Company has a portfolio of iconic hair and nails brands for industry professionals and consumers, including Wella Professionals, OPI, ghd, Briogeo, Nioxin, Sebastian Professional, and Clairol. Murphy 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.
In the release Murphy is quoted as saying, “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.” He added, “In [Young-Scrivner’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.”
