Consumer >> CEO Interviews >> June 15, 2000
PAUL D. FINKELSTEIN is President and Chief Executive Officer of
Regis Corporation. He joined Regis Corporation in May 1987. In
his 16 years with the company, Regis has grown from 659 salons
operating in two divisions with annual sales of $172 million in
1987, to over 9,300 salons worldwide in six divisions, with
system-wide revenues of nearly $3 billion. Last year, Regis
salons around the world recorded 125 million system-wide customer
visits. Mr. Finkelstein has been in the salon industry throughout
his more than 30-year career. He joined Glemby International,
which operated department-store based beauty salons, in 1966, and
over 15 years helped build sales from $35 million to $150
million. In 1981, he joined the Seligman & Latz (S&L) salon chain
as Chairman of its beauty division, where he was responsible for
the operating results of 1,000 beauty salons. In 1984, Mr.
Finkelstein was named CEO of Turner Hall Corporation, a Bass
Brothers' LBO which was sold to Revlon three years later. Mr.
Finkelstein served as a Senior Vice President at Revlon before
joining Regis. Mr. Finkelstein earned a BS in Economics from the
Wharton School at the University of Pennsylvania, and obtained
his MBA from the Harvard Business School. In addition to the
Regis Board of Directors, Mr. Finkelstein serves on the Board of
Eagle Supply Group, Inc., New York, New York. Mr. Finkelstein was
a member of the Young Presidents' Organization for 20 years, and
for two years chaired the New York Metro Chapter. He is an active
member of both the World Presidents' Organization and the Chief
Executives' Organization. He is also a member of the Listed
Company Advisory Committee to the New York Stock Exchange Board
of Directors (LCAC). Profile
to set the stage for the readers?
Mr. Finkelstein: We were founded in 1922, and primarily had beauty and
hairdressing
