Paul Finkelstein, Former CEO of Regis Corporation, Passes Away
Paul David Finkelstein, former Chairman of the Board and Chief Executive Officer of Regis Corporation, died in Ft. Lauderdale, Florida on September 5, 2017. He was born on August 26, 1942, and grew up in Great Neck, New York.
Paul D. Finkelstein joined Regis Corporation in May 1987. In his 20-plus years with the Company, Regis grew from 659 salons operating in two divisions with annual sales of $172 million to seven divisions with over 12,700 locations worldwide. Key concepts include Jean Louis David, Supercuts, Regis Salons, SmartStyle, MasterCuts and Cost Cutters.
Mr. Finkelstein was in the salon industry throughout his 40-plus year career. In 1966, he joined Glemby International, which operated department-store based beauty salons. He spent 15 years with the company where he helped build sales from $35 million to $150 million. In 1981, he joined the Seligman & Latz (S&L) salon chain as chairman of its beauty division, where he was responsible for the operating results of 1,000 beauty salons. In 1984, Mr. Finkelstein was named CEO of Turner Hall Corporation, a Bass Brothers' LBO, which was sold to Revlon three years later. Mr. Finkelstein served as a senior vice president at Revlon before joining Regis.
Mr. Finkelstein earned a B.S. in economics from the Wharton School at the University of Pennsylvania, and obtained his M.B.A. from the Harvard Business School.
Mr. Finkelstein was a member of the Young Presidents' Organization for 20 years, and for two years chaired the New York Metro Chapter. He was an active member of the Chief Executives Organization, and served on the New York Stock Exchange Advisory Board.
Mr. Finkelstein leaves behind his son Michael and daughter-in-law Leah; his son Brad and daughter-in-law Mikal; his brother Neil; his brother Richard and sister-in-law Susie; his wife Jean and step- son Adam; his grandchildren Jenna, Max, Noah and Natasha and their Grandma Barbara.
A celebration of life will be held at a later time.