Mary Kay Appoints Founder's Grandson to CEO
- Chaileedo Press
- Nov 2, 2022
- 2 min read
Updated: Nov 2, 2022
Rogers said, "I am honored but also energized to have the opportunity to lead my grandmother’s company as we begin our 60th anniversary year"
(Credit： Mary Kay)
Recently, Mary Kay announced that Ryan Rogers, the third generation of the founding family, will become Chief Executive Officer of Mary Kay, Inc., effective on January 1, 2023.
With Rogers taking office, David Holl, the current chairman of the board and CEO, will retire at the end of this year. David Holl has been with Mary Kay for nearly 30 years and will continue to serve as chairman of the board.
Rogers, a member of the company's board of directors, currently serves as Chief Investment Officer, responsible for strategic direction, financial analysis, and resourcing of key investments in Mary Kay's local and international subsidiaries.
“As a young man, my grandmother predicted I would someday lead her company and worked to prepare me by sharing many of her lessons in leadership,” said Rogers, “I am honored but also energized to have the opportunity to lead my grandmother’s company as we begin our 60th anniversary year.”
Rogers began his career as an auditor in the Transaction Services Group in the Dallas office of PricewaterhouseCoopers (PwC) and joined Mary Kay Inc. in 2000 as a financial analyst. Prior to becoming Chief Investment Officer in 2013, he held a variety of positions, including project manager, director of strategic planning, and vice president of strategic planning. He has also served as vice chairman of the Mary Kay Ash Foundation since 2001. He received his undergraduate degree in business from Southern Methodist University and became a certified financial analyst in 2002.
Mary Kay Inc. was founded in September 1963 in Dallas, Texas, by Mary Kay Ash. Today, Mary Kay is a multi-billion dollar company with millions of independent beauty salespeople selling its products in nearly 40 markets around the world.
David Holl joined Mary Kay in 1993 and became Chief Financial Officer in 1996. In 2001, he was named President and Chief Operating Officer, and in 2006, became President and Chief Executive Officer. And in 2018, he became chairman of the board and Chief Executive Officer.
David has led Mary Kay's global brand innovation, shaping the company into a top cosmetic brand and further expanding its R and D to more than 800 products worldwide. He also led the company's investments in factories and corporate facilities in China and completed the $100 million Richard R. Rogers (R3) Manufacturing and R&D Center in Louisville, Texas, in 2018.
David will continue to serve as chairman of Mary Kay's board of directors after stepping down as CEO. Richard R. Rogers, co-founder of Mary Kay Inc. and son of Mary Kay Ash, will continue to serve as executive chairman.
Source： Mary Kay
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