Friday, July 22, 2011

One of a Kind

Paul Finkelstein has been the CEO and President of Regis Corporation for the last 25 years.  During that period of time, his vision transformed Regis into the largest beauty company in the world. 

Obviously, the real work is done in the salons every day with our stylists and customers.  And, it is you, the stylists that made this success happen.  But it was Paul’s vision that gave us the opportunity to become the company we are today. 

Yesterday evening, Paul was recognized by Minnesota Business Hall of Fame as an outstanding member of the business community and was awarded this very prestigious honor.  Paul’s wife, Jean, his sons, brothers, and friends were lucky enough to witness Paul receiving his lifetime achievement award.   

To me, on a personal level, having worked with Paul for almost 25 years, I have always been aware of his vision – his vision not only for a successful company, but for the success of those who are the company, our stylists.  It is with nothing but pride and respect, that I acknowledge the career path opportunities he has provided our associates - whether on the creative or management side.

Paul, more than anyone, legitimized the beauty industry as a world class business - which is apparent by the fact that we are on the New York Stock Exchange.  It was interesting to note that during his acceptance speech, he never mentioned “I” or “Me.”  Throughout his speech, he gave kudos to everyone within the Regis family, but himself.  Last night Paul received that award for all of us!

A shrinking violet, he is not.  However, there is a side to Paul that comes through in moments like this that demonstrate humility and appreciation for the wonderful career he has shared with us at Regis. 

Last night was the first time I have really ever seen him take his "moment in the spotlight."  This moment for Paul was more than well deserved.  Although Paul's role within the company is changing, the good news is he still will continue to be Chairman of Regis into the foreseeable future. 

In just a couple of generations, Paul's family has realized the American dream.  His grandfather arrived as a Russian immigrant, bringing nothing with him but grit, determination, a dream, and caring first and foremost about his family.  Paul is the culmination of effort by those who went before him.  Paul’s career demonstrates to us all that if you have the will, the drive and the dream, America is the place to be!

Congratulations to you all, and especially to Paul.  Please join me in celebrating his moment in the spotlight.

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