Regis CEO Matthew Doctor steps down, Jim Lain named interim

Regis (RGS) Corporation announced that Matthew Doctor has made the decision to step down from his roles as President, CEO and Director of the company effective June 30. The Board of Directors has appointed Jim Lain, current EVP Brand Operations – Supercuts and Cost Cutters, to serve as interim President and CEO while the company conducts a comprehensive search for a permanent successor. The Board has formed a Succession Planning Committee led by director Susan Lintonsmith and has engaged a leading executive search firm to help identify the next CEO, which will include both internal and external candidates. In the interim, Jim Lain, current EVP Brand Operations – Supercuts and Cost Cutters, will work closely with the executive team and Board to ensure a seamless transition and continued execution of the company’s strategic priorities. To ensure a smooth transition, Matt Doctor will be staying on in a support role until September 1.