European Wax Center CFO Departs, New Directors Appointed
Ticker: EWCZ · Form: 8-K · Filed: Dec 11, 2024 · CIK: 1856236
| Field | Detail |
|---|---|
| Company | European Wax Center, INC. (EWCZ) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.00001, $800,000, $250,000, $9.00, $12.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, board-changes, interim-cfo
TL;DR
CFO out, interim CFO in, two new board members. EWC making moves.
AI Summary
European Wax Center, Inc. announced on December 8, 2024, the departure of Chief Financial Officer, David Miller. The company has appointed Edward L. K. Smith as interim CFO. Additionally, the company elected two new directors, Brenda J. Galligan and David R. M. Miller, to its Board of Directors.
Why It Matters
Changes in key executive and board positions can signal shifts in company strategy or financial oversight, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive departures and board changes can introduce uncertainty regarding leadership stability and strategic direction.
Key Players & Entities
- European Wax Center, Inc. (company) — Registrant
- David Miller (person) — Departing Chief Financial Officer
- Edward L. K. Smith (person) — Interim Chief Financial Officer
- Brenda J. Galligan (person) — Newly Elected Director
- David R. M. Miller (person) — Newly Elected Director
- December 8, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the interim Chief Financial Officer?
Edward L. K. Smith has been appointed as the interim Chief Financial Officer.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on December 8, 2024.
Who has departed from their role as Chief Financial Officer?
David Miller has departed from his role as Chief Financial Officer.
How many new directors were elected to the Board?
Two new directors, Brenda J. Galligan and David R. M. Miller, were elected to the Board.
What is the principal executive office address of European Wax Center, Inc.?
The principal executive office address is 5830 Granite Parkway, 3rd Floor, Plano, Texas, 75024.
Filing Stats: 1,197 words · 5 min read · ~4 pages · Grade level 10.6 · Accepted 2024-12-11 06:19:59
Key Financial Figures
- $0.00001 — stered Class A common stock, par value $0.00001 per share EWCZ The Nasdaq Stock Mar
- $800,000 — led to receive an annual base salary of $800,000 and he will be eligible to participate
- $250,000 — s for fiscal year 2025 will be at least $250,000. In connection with Mr. Morris' appoint
- $9.00 — Common Stock with an exercise price of $9.00 and (iv) a grant of options to purchase
- $12.00 — Common Stock with an exercise price of $12.00. The restricted stock units will vest i
Filing Documents
- d882739d8k.htm (8-K) — 31KB
- d882739dex101.htm (EX-10.1) — 18KB
- d882739dex991.htm (EX-99.1) — 16KB
- g882739g1210101729166.jpg (GRAPHIC) — 3KB
- 0001193125-24-274834.txt ( ) — 208KB
- ewcz-20241208.xsd (EX-101.SCH) — 3KB
- ewcz-20241208_lab.xml (EX-101.LAB) — 18KB
- ewcz-20241208_pre.xml (EX-101.PRE) — 11KB
- d882739d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit Number Description 10.1 Offer Letter, dated December 8, 2024 by and between Chris Morris and EWC Corporate, LLC. 99.1 Press release announcing the appointment of Chris Morris as Chief Executive Officer, issued by European Wax Center, Inc. on December 11, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. EUROPEAN WAX CENTER, INC. Date: December 11, 2024 By: /s/ GAVIN M. O'CONNOR Name: Gavin M. O'Connor Title: Chief Administrative Officer, General Counsel and Corporate Secretary 3