Regis (RGS) Appoints Industry Vet Daniel Beltzman to Board

July 18, 2012 6:50 AM EDT
Regis Corporation (NYSE: RGS) has appointed Daniel Beltzman, managing member of Birch Run Capital, LLC ("Birch Run"), to its Board of Directors, effective August 1, 2012. According to a filing by Birch Run with the Securities and Exchange Commission in May 2012, Birch Run beneficially owned, through its affiliates, approximately 10.4% of Regis common stock at that time. With the addition of Mr. Beltzman, Regis’ Board will expand from six directors to seven directors, all of whom are independent.

As recently announced, Regis has appointed a new President and Chief Executive Officer, Dan Hanrahan, effective August 6, 2012. Mr. Hanrahan will also join the Regis Board and he will be the only director who is not independent.


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