01:20 PM EDT, 06/23/2025 (MT Newswires) -- Regis (RGS) said Monday that Matthew Doctor will step down as its president, chief executive and director, effective June 30.

The company said its current executive vice president of brand operations for Supercuts and Cost Cutters, Jim Lain, will serve as interim president and CEO while it looks for Doctor's permanent successor.

Doctor will stay on in a support role until Sept. 1 to ensure a smooth transition, the company added.

Regis shares rose over 2% in recent trading.

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