July 10, 2014 4:39 PM ET

Diversified Consumer Services

Company Overview of Great Clips, Inc.

Company Overview

Great Clips, Inc. operates a chain of salons in the United States and Canada. It offers an online check-in service, which enables customers to add their name to the wait list of a Great Clips salon before they arrive. The company also provides daily care and styling products for men, women, and kids. In addition, it provides hair care products, including conditioners, detanglers, gels, hair sprays, foams, shampoos, shines, smoothing/straightening products, texturizers, thermal protectants, and volumizers. Further, the company provides gifts online. It franchises its business. The company serves landlords, and real estate brokers and developers. Great Clips, Inc. was founded in 1982 and is ba...

7700 France Avenue South

Suite 425

Minneapolis, MN 55435

United States

Founded in 1982

Phone:

952-893-9088

Fax:

952-844-3444

Key Executives for Great Clips, Inc.

Chief Executive Officer
Age: 61
President
Age: 52
Chief Financial Officer and Treasurer
Chief Operating Officer
Executive Advisor and Director
Compensation as of Fiscal Year 2014.

Great Clips, Inc. Key Developments

Great Clips, Inc. Announces Executive Changes

Great Clips Inc. announced that it has promoted Steve Hockett to the role of president. Hockett, who previously served as the salon chain's chief operating officer, replaces Charlie Simpson, who is going into semi-retirement. Simpson will stay on as a part-time executive adviser. In his new role, Hockett will 'concentrate on growing the Great Clips brand and leading Great Clips franchisees and corporate staff into the future'. Hockett left the company for several years to serve as president of FranChoice and Rapid Refill Corp., before returning to Great Clips in 2008. Meanwhile, Great Clips promoted Rod Goggins to replace Hockett as COO. Goggins joined the company as vice president of development in 2006 and was promoted to senior vice president of real estate and development five years later.

Great Clips, Inc. Promotes Steve Hockett from Sr. Vice President of Operations to Executive Vice President, Chief Operations Officer

Great Clips, Inc. announced the promotion of Steve Hockett from Sr. Vice President of Operations to Executive Vice President, Chief Operations Officer. In this role, Hockett will lead Great Clips’ growth initiatives on same salon sales and customer counts. He will also work closely on continuing the expansion of the Great Clips brand in existing markets and strengthening Great Clips’ geographic footprint across North America. In addition, he will provide executive leadership to the Operations, Business Services, Marketing, Communications, Facilities, and Information Technologies departments within the organization. With nearly 20 years of experience in franchising, Hockett first worked with Great Clips from 1993 to 2002 before leaving to become president of FranChoice Inc., where he was responsible for day-to-day management and leadership for the franchise broker/candidate referral network. He then took the helm at Rapid Refill and led its growth from less than 40 units to more than 100. Hockett returned to Great Clips in May 2008 as Vice President of Operations. He was promoted to Sr. Vice President of Operations in 2011, where he led both the Operations department and the Marketing and Communications department.

Similar Private Companies By Industry

Company Name Region
Mirbeau Boston-South LLC United States
The Merrill-Cazier Library United States
LiceDoctors LLC United States
Nu-Look Collision, Inc. United States
Greater Nevada Auto Auction Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Great Clips, Inc., please visit www.greatclips.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.