The grandson of Mary Kay Inc.’s iconic co-founder will become the new CEO of the Addison-based direct-sales cosmetics empire that spans nearly 40 countries.
Ryan Rogers, 45, the cosmetics giant’s chief investment officer and grandson of Mary Kay Ash, will become CEO and chairman starting Jan. 1. David Hall, the company’s CEO since 2006, will retire after nearly 30 years with the company. He will remain Mary Kay’s board chairman.
“When my son was young, my grandmother predicted that I would one day lead her company and worked to prepare me by sharing many of her leadership lessons,” said Rogers, whose father, Richard Rogers, co-founded the company with his grandmother in 1963. “As always, Mary Kay was right. I am honored and excited to have the opportunity to lead my grandmother’s company as we begin our 60th anniversary.”
Rogers joined Mary Kay Inc. in 2000 as a financial analyst and held several positions including project manager, director of strategic initiatives and vice president of strategic initiatives. In 2001, Rogers became vice president of the Mary Kay Ash Foundation. The foundation was established in 1996 by Ash to fund women’s cancer research and end domestic violence. In 2013, he became the chief investment officer of the company.
His father has run the business twice and now serves as executive chairman.
During Hall’s tenure, Mary Kay continued to grow globally, with its most recent expansion into Peru. The company also invested more than $100 million in a new manufacturing and research and development center in Lewisville and $125 million in a corporate building in Shanghai.
Hall said Rogers is the best fit for the company.
“Other than my family, nothing has given me more joy and pride than being a part of Mary Kay for the past 30 years,” Hall said. “I will always be proud to be a part of this company, its employees and its mission to enrich the lives of women.”
After a pause due to the pandemic in 2020 and 2021, in-person workshops for independent Mary Kay beauty consultants have resumed in Dallas this year. The weekend seminar will have a $35 million economic impact on North Texas, including nearly 29,000 hotel room nights and more than $800,000 in local tax revenue.
Known for its skin care, color cosmetics, nutritional supplements and fragrances, Mary Kay has millions of independent beauty consultants selling its products. Forbes reported that the privately held company brought in $2.8 billion in revenue in 2021.