08.09.23
The Beauty Health Company, home to flagship brand Hydrafacial, has named Michael Monahan as Chief Financial Officer, effective August 10, 2023.
Monahan succeeds Liyuan Woo, who is leaving BeautyHealth but will remain as an advisor until September 1, 2023 to assist with the transition.
"Michael joins BeautyHealth as we bring to life our vision of a multi-brand ecosystem company, with a significant and untapped runway ahead. He is a highly regarded CFO with a strong blend of financial expertise and strategic vision who will continue to enhance our financial strategy, planning and reporting capabilities. I am looking forward to welcoming Michael to BeautyHealth’s management team,” said BeautyHealth President and CEO Andrew Stanleick.
Most recently, he served as CFO of Casper Sleep, following its IPO. Prior, he served as CFO of Nutrisystem, quintupling its market cap and overseeing key M&A during his tenure.
“BeautyHealth is an impressive category-creating company with a strong foundation and a lot of room for profitable growth,” said Monahan. “I am delighted to partner with Andrew and the team to continue to build the business as a true multi-brand ecosystem.”
Commenting on Woo’s departure, Stanleick said, “The Board and I are grateful for Liyuan’s many meaningful contributions over the past several years. She has been a dynamic force during this transformative period for BeautyHealth, which included our journey to becoming a public company. We wish Liyuan every success in her future endeavors.”
Monahan succeeds Liyuan Woo, who is leaving BeautyHealth but will remain as an advisor until September 1, 2023 to assist with the transition.
"Michael joins BeautyHealth as we bring to life our vision of a multi-brand ecosystem company, with a significant and untapped runway ahead. He is a highly regarded CFO with a strong blend of financial expertise and strategic vision who will continue to enhance our financial strategy, planning and reporting capabilities. I am looking forward to welcoming Michael to BeautyHealth’s management team,” said BeautyHealth President and CEO Andrew Stanleick.
Experience
With nearly 15 years of experience as a public and private company CFO and more than 25 years of accounting and financial management experience, Monahan has a track record of driving financial and operational success in high-growth businesses.Most recently, he served as CFO of Casper Sleep, following its IPO. Prior, he served as CFO of Nutrisystem, quintupling its market cap and overseeing key M&A during his tenure.
“BeautyHealth is an impressive category-creating company with a strong foundation and a lot of room for profitable growth,” said Monahan. “I am delighted to partner with Andrew and the team to continue to build the business as a true multi-brand ecosystem.”
Commenting on Woo’s departure, Stanleick said, “The Board and I are grateful for Liyuan’s many meaningful contributions over the past several years. She has been a dynamic force during this transformative period for BeautyHealth, which included our journey to becoming a public company. We wish Liyuan every success in her future endeavors.”
