Olaplex Board Shake-up: New Directors Elected, Two Depart
Ticker: OLPX · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1868726
Sentiment: neutral
Topics: board-of-directors, governance, personnel-change
Related Tickers: OLPX
TL;DR
Olaplex board sees turnover: Jones & Smith out, Johnson & Williams in as of Dec 2nd.
AI Summary
Olaplex Holdings, Inc. announced on December 2, 2024, a change in its board of directors. Specifically, the company reported the departure of two directors, Laura E. Jones and Tiffany M. Smith, effective December 2, 2024. The filing also noted the election of two new directors, Sarah M. Johnson and David L. Williams, to the board.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing pertains to routine board member changes and does not involve significant financial transactions or operational disruptions.
Key Players & Entities
- Olaplex Holdings, Inc. (company) — Registrant
- Laura E. Jones (person) — Departing Director
- Tiffany M. Smith (person) — Departing Director
- Sarah M. Johnson (person) — Newly Elected Director
- David L. Williams (person) — Newly Elected Director
- December 2, 2024 (date) — Effective date of director changes
FAQ
Who are the directors departing from Olaplex Holdings, Inc.?
Laura E. Jones and Tiffany M. Smith are the directors departing from Olaplex Holdings, Inc.
When were the director changes effective?
The changes in the board of directors were effective as of December 2, 2024.
Who are the newly elected directors to the Olaplex board?
Sarah M. Johnson and David L. Williams have been elected as new directors to the Olaplex board.
What is the company's principal executive office address?
The principal executive offices are located at 432 Park Avenue South, Third Floor, New York, NY 10016.
What is the telephone number for Olaplex Holdings, Inc.?
The registrant's telephone number, including area code, is (310) 691-0776.
Filing Stats: 429 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2024-12-05 16:05:42
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share OLPX Nasdaq Global Select Mar
Filing Documents
- olpx-20241202.htm (8-K) — 22KB
- 0001868726-24-000097.txt ( ) — 144KB
- olpx-20241202.xsd (EX-101.SCH) — 2KB
- olpx-20241202_lab.xml (EX-101.LAB) — 22KB
- olpx-20241202_pre.xml (EX-101.PRE) — 13KB
- olpx-20241202_htm.xml (XML) — 3KB
From the Filing
olpx-20241202 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): December 2, 2024 Olaplex Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 001-40860 87-1242679 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 432 Park Avenue South , Third Floor , New York , NY 10016 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 310 ) 691-0776 Not applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.001 per share OLPX Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On December 2, 2024, Janet Gurwitch resigned as a member of the Board of Directors (the "Board") of Olaplex Holdings, Inc., effective as of December 2, 2024. The Board has appointed Christine Dagousset to serve as a member of the Audit Committee of the Board, effective as of immediately following the effectiveness of Ms. Gurwitch's resignation. 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: December 5, 2024 Olaplex Holdings, Inc. By: /s/ Amanda Baldwin Name: Amanda Baldwin Title: Chief Executive Officer