MINILUXE ANNOUNCES APPOINTMENT OF LANCHI VENATOR AS CHIEF FINANCIAL OFFICER AND RELATED ISSUANCE OF EQUITY BASED COMPENSATION
MiniLuxe Holding Corp. (TSXV: MNLX) has appointed Lanchi Venator as its new Chief Financial Officer, effective immediately. Venator, who has been serving as a senior advisor since early 2025, brings significant experience from her previous roles as Global CFO & Head of Strategy at KFC and Senior VP of Global Finance & Strategy at Est茅e Lauder Companies.
The appointment follows Elizabeth Lorber's interim CFO role since February 2025. As part of the compensation package, the company issued 750,000 options and 650,000 RSUs at a strike price of 0.41 cents CDN, along with 545,000 DSUs for Board Members, representing just over 1% of fully diluted ownership.
MiniLuxe Holding Corp. (TSXV: MNLX) ha nominato Lanchi Venator come nuova Chief Financial Officer, con effetto immediato. Venator, che dall'inizio del 2025 ricopriva il ruolo di senior advisor, porta con s茅 un'importante esperienza maturata come Global CFO & Head of Strategy presso KFC e come Senior VP of Global Finance & Strategy presso Est茅e Lauder Companies.
La nomina segue il periodo in cui Elizabeth Lorber ha svolto le funzioni di CFO ad interim a partire da febbraio 2025. Nel pacchetto retributivo la societ脿 ha emesso 750.000 opzioni e 650.000 RSU a un prezzo di esercizio di 0.41 cents CDN, oltre a 545.000 DSU per i membri del consiglio di amministrazione, rappresentando poco pi霉 dell'1% della propriet脿 completamente diluita.
MiniLuxe Holding Corp. (TSXV: MNLX) ha nombrado a Lanchi Venator como su nueva directora financiera (CFO), con efecto inmediato. Venator, que se desempe帽aba como asesora s茅nior desde principios de 2025, aporta una s贸lida experiencia procedente de sus cargos anteriores como Global CFO & Head of Strategy en KFC y Senior VP of Global Finance & Strategy en Est茅e Lauder Companies.
El nombramiento sucede al rol de CFO interina que ocup贸 Elizabeth Lorber desde febrero de 2025. Como parte del paquete de compensaci贸n, la compa帽铆a emiti贸 750.000 opciones y 650.000 RSU a un precio de ejercicio de 0.41 cents CDN, junto con 545.000 DSU para los miembros del consejo, representando algo m谩s del 1% de la propiedad totalmente diluida.
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鞚措矆 鞛勲獏鞚� Elizabeth Lorber臧� 2025雲� 2鞗旊秬韯� 鞛勳嫓 CFO毳� 毵§晞鞓� 雿� 霐半ジ 瓴冹瀰雼堧嫟. 氤挫儊 韺偆歆�鞚� 鞚柬櫂鞙茧 須岇偓电� 750,000 鞓奠厴 氚� 650,000 RSU毳� 頄夓偓臧�瓴� 0.41 cents CDN鞐� 攵�鞐枅鞙茧┌, 鞚挫偓須� 甑劚鞗愳棎瓴尩鐢 545,000 DSU毳� 歆�旮夗暣 鞕勳爠 頋劃 旮办 靻岇湢甓岇潣 鞎� 1%毳� 臁瓣笀 雱橃姷雼堧嫟.
MiniLuxe Holding Corp. (TSXV: MNLX) a nomm茅 Lanchi Venator au poste de directrice financi猫re (CFO), avec effet imm茅diat. Venator, qui 茅tait conseill猫re principale depuis le d茅but de 2025, apporte une solide exp茅rience acquise dans ses pr茅c茅dentes fonctions en tant que Global CFO & Head of Strategy chez KFC et Senior VP of Global Finance & Strategy chez Est茅e Lauder Companies.
Cette nomination fait suite au r么le de CFO par int茅rim assur茅 par Elizabeth Lorber depuis f茅vrier 2025. Dans le cadre du package de r茅mun茅ration, la soci茅t茅 a 茅mis 750 000 options et 650 000 RSU 脿 un prix d'exercice de 0.41 cents CDN, ainsi que 545 000 DSU pour les membres du conseil d'administration, repr茅sentant un peu plus de 1 % de la propri茅t茅 enti猫rement dilu茅e.
MiniLuxe Holding Corp. (TSXV: MNLX) hat Lanchi Venator mit sofortiger Wirkung zur neuen Chief Financial Officer (CFO) ernannt. Venator, die seit Anfang 2025 als Senior Advisor t盲tig war, bringt umfangreiche Erfahrung aus fr眉heren Positionen mit, unter anderem als Global CFO & Head of Strategy bei KFC und als Senior VP of Global Finance & Strategy bei Est茅e Lauder Companies.
Die Ernennung folgt auf die Interims-CFO-Rolle von Elizabeth Lorber seit Februar 2025. Im Rahmen des Verg眉tungspakets gab das Unternehmen 750.000 Optionen und 650.000 RSUs zu einem Aus眉bungspreis von 0.41 cents CDN aus sowie 545.000 DSUs f眉r Vorstandsmitglieder, was etwas mehr als 1 % des vollst盲ndig verw盲sserten Eigentums entspricht.
- Appointment of experienced CFO with relevant beauty industry and multi-unit franchising background
- New CFO already familiar with company operations through 6-month advisory role
- Equity-based compensation structure aligns executive interests with shareholders
- Equity compensation package creates potential dilution of just over 1% for existing shareholders
MiniLuxe adds industry-leading executive with deep beauty and multi-unit franchising experience to its team while maintaining its shareholder-aligned equity-based incentive program for executive and board compensation
Boston, MA, Aug. 08, 2025 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced the appointment of its new Chief Financial Officer, Lanchi Venator.
Effective immediately, Ms. Venator will formally assume all key financing, reporting and control functions from Ms. Elizabeth Lorber (the Company鈥檚 current Chief Commercial Officer and Acting CFO). Ms. Lorber has been serving in an interim capacity since the Company announced its plans in mid-February of 2025 for a . Ms. Venator has been serving as a senior advisor to the Company since the beginning of the 2025 year across a range of strategic and financial matters and will report directly to MiniLuxe鈥檚 CEO, Anthony (Tony) Tjan.
Most recently, Ms. Venator served as the Global CFO & Head of Strategy for KFC (Kentucky Fried Chicken), where she was responsible for driving growth and profitability and delivering on the annual financial performance targets for the global KFC business. While there, she had oversight over 14 international Business Unit CFOs as well as a Strategy and FP&A team based in Dallas, TX.聽 Prior to KFC, Ms. Venator was Senior Vice President of Global Finance & Strategy and Chief of Staff to the EVP & CFO of The Estee Lauder Companies. Her 11-year tenure at Estee Lauder brought a depth of understanding of the beauty industry and responsibilities that included overseeing the development of ELC鈥檚 long range Financial Strategy, commercial analytics and growth and operational planning across Estee Lauder鈥檚 portfolio of businesses.
鈥淚 am pleased and proud to officially welcome Lanchi to the team, despite us feeling that she has already been fully part of the team over the past six months serving as a highly valued senior advisor to me, our team and the Board. During her advisory period, we were able to not only affirm a strong chemistry and complementary of skill and responsibilities but a complete alignment on MiniLuxe鈥檚 vision to radically and positively transform the nail care industry.聽 I look forward to partnering with her in the years ahead,鈥� said Tony Tjan.
鈥淚 am super excited to join the MiniLuxe team. The past months have clearly demonstrated to me the potential value creation opportunity within MiniLuxe and the fit with my strategic and financial skills and experiences across multi-unit franchising and the beauty industry can have an impact. Most important I love the people in the Company and the opportunity to redefine an industry,鈥� said Lanchi Venator.
As part of the normal course of an equity-based (in lieu of cash) compensation program for key executive officers and board members, the Company is announcing the issuance of聽 750,000 in options and 650,000 RSUs (Restricted Stock Units) with a strike price of 0.41 cents CDN which represents a premium to the prior day closing price from the Board鈥檚 approval of such compensation approval for Ms. Venator and contemporaneously has approved a zero cash and DSU (Deferred Stock Compensation) for Board Members collectively of 545,000 DSUs. The Company notes that all such options, RSUs and DSUs are coming from the existing equity incentive plan and represent just over 1 percent of the fully diluted ownership of the Company.
About MiniLuxe
, a Delaware corporation based in Boston, Massachusetts. MiniLuxe is a lifestyle brand and talent empowerment platform servicing the beauty and self-care industry. The Company focuses on delivering high-quality nail care and esthetic services and offers a suite of trusted proprietary products that are used in the Company鈥檚 owned-and-operated studio services. For over a decade, MiniLuxe has been elevating industry standards through healthier, ultra-hygienic services, a modern design esthetic, socially responsible labor practices, and better-for-you, cleaner products. MiniLuxe鈥檚 aims to radically transform a highly fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform that collectively enable better talent and client experiences. For its clients, MiniLuxe offers best-in-class self-care services and better-for-you products, and for nail care and beauty professionals, MiniLuxe seeks to become the employer of choice. In addition to creating long-term durable economic returns for our stakeholders, the brand seeks to positively impact and empower one of the most diverse and largest hourly worker segments through professional development and certification, economic mobility, and company ownership opportunities (e.g., equity participation and future franchise opportunities). Since its inception, MiniLuxe has performed over 4 million services.
For further information
Christine Mastrangelo
Investor Relations, MiniLuxe Holding Corp.
(617) 684-2731
MiniLuxe.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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