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European Wax Center (EWCZ) has issued an announcement.
David Willis has stepped down as the CEO of the Company, and the seasoned executive David Berg has been appointed as the new CEO effective August 12, 2024. Berg, with a rich background in leadership roles across various companies, brings his extensive experience back to the helm. As part of his compensation, Berg will have a base salary of $600,000, with eligibility for equal bonuses, stock options, and additional benefits. His dual role as Executive Chair will be uncompensated, focusing his earnings on his CEO duties.
For an in-depth examination of EWCZ stock, go to TipRanks’ Stock Analysis page.
