Regis Names Andrew Lacko EVP And CFO

(RTTNews) - Regis Corp. (RGS) announced that it appointed Andrew Lacko as Executive Vice President and Chief Financial Officer, effective July 1, 2017. Lacko will replace Michael Pomeroy, who has served as Interim Chief Financial Officer since February 1, 2017.

Lacko, 47, has over 20 years of broad-based, strategic finance experience. He currently serves as Senior Vice President, Global Financial Planning, Analysis and Corporate Development, of Hertz Global Holdings, Inc. Prior to joining Hertz in 2014, he held finance leadership positions of increasing responsibility at Best Buy, Northwest Airlines, and UnitedHealth Group. In his various roles, he oversaw business analytics, planning, strategy, corporate development and investor relations.

Upon commencement of Mr. Lacko's employment, he will receive an initial equity award of restricted stock units valued at $350,000, issued in reliance on the employment inducement exception to the New York Stock Exchange rules regarding shareholder approval of equity compensation plans, Rule 303A.08. The restricted stock units will vest as to one-third of the shares on each of the first three anniversaries of the grant date.