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Star Tribune: Great Clips CEO to Step Down at End of 2017
Great Clips CEO Rhoda Olsen will transition to vice chairwoman of the hair salon company at the end of the year.
After more than six years as the CEO of Great Clips, Rhoda Olsen has announced that at the end of 2017, she will give up her title and transition to vice chairwoman of the hair salon company. Great Clips’ current president, Steve Hockett, will become CEO. Chief Operating Officer Rob Goggins, in turn, will become president.
Olsen, who is now 64, joined Great Clips in 1984. By 1987, she had climbed her way up to executive and part owner. In 1998, she became president, and by 2011, she was leading the charge as the brand’s CEO. During that time, Great Clips went through some remarkable changes, too—and it’s no coincidence. Under Olsen’s watch, the brand grew from 1,000 salons in 1998 to more than 3,800 in 2015. In summer 2016, Great Clips celebrated the opening of its 4,000th salon (today there are 4,091) and recorded its 49th consecutive quarter of same-store sales growth.
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About the Author
Nick Powills
FollowNick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.
