Toni&Guy has unveiled a significant ownership and leadership shake-up, as CEO Sacha Mascolo-Tarbuck takes majority ownership of the UK hair care brand.
Mascolo-Tarbuck has obtained full voting control at both board and shareholder level.
Label.M – the professional hair care brand co-founded by Mascolo-Tarbuck and her late father, Toni&Guy co-founder Toni Mascolo – is also now wholly owned and fully controlled by the senior executive.
The business’ structural shake-up claims to be focused on creating a unified leadership set up across both brands.
This will aim to provide clarity of direction and a strengthened platform for long-term global growth, by making it “more streamlined and accountable”, Mascolo-Tarbuck told Cosmetics Business.
She added: “As majority owner, all major decisions ultimately sit with