Olaplex Holdings Inc. filed SEC Form 8-K: Leadership Update
$OLPX
Package Goods/Cosmetics
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 23, 2025
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 23, 2025, Stephen J. Bacica resigned from his role as Chief Accounting Officer of Olaplex Holdings, Inc. (the “Company”), effective as of April 24, 2025, to pursue other interests and for personal reasons. Mr. Bacica’s departure is not due to any disagreement with the Company on any matter relating to the Company’s financial statements, internal controls over financial reporting, operations, policies or practices, including accounting principles and practices.
On April 28, 2025, the Board of Directors of the Company appointed Kenneth F. Egan to resume his role as Interim Chief Accounting Officer of the Company, effective as of such date. Mr. Egan, age 54, previously served as the Company’s Interim Chief Accounting Officer from November 5, 2024 until March 19, 2025. He has served as a Partner and the New York Office Managing Partner at CrossCountry Consulting LLC (“CrossCountry Consulting”), a consulting firm that focuses on corporate advisory services, since May 2022. Prior to that, Mr. Egan was a Partner at Ernst & Young LLP, where he worked from May 1999 to March 2022.
Mr. Egan will provide services to the Company as its Interim Chief Accounting Officer under the Company’s existing Statement Of Work with CrossCountry Consulting, effective October 24, 2024 (together with the Master Services Agreement, dated April 5, 2024, by and between the Company and CrossCountry Consulting, the “Agreement”). A description of the Agreement was previously disclosed by the Company in its Quarterly Report on Form 10-Q filed on November 7, 2024 and is incorporated by reference herein.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.
Date: April 29, 2025 | Olaplex Holdings, Inc. | |||||||
| By: | /s/ Amanda Baldwin | |||||||
| Name: | Amanda Baldwin | |||||||
| Title: | Chief Executive Officer | |||||||