Third Generation To Lead Mary Kay as Ryan Rogers Named Next CEO

Ryan Rogers will become CEO of Mary Kay Inc. effective Jan. 1, 2023. Rogers is the grandson of Founder Mary Kay Ash, and his father Richard R. Rogers. The announcement was made yesterday, on the eve of the beauty company’s 60th anniversary.

The appointment accompanies the announcement by current chairman and CEO David Holl that he will retire at the end of the year following a nearly 30-year career with Mary Kay. Holl will remain chairman of the board.

Rogers is a member of the company’s board of directors and currently serves as chief investment officer with responsibility for strategic direction, financial analysis, and resource allocation on key investments among the company’s domestic operations and international subsidiaries.

“As a young man, my grandmother predicted I would someday lead her company and worked to prepare me by sharing many of her lessons in leadership,” Rogers said in a statment. “As usual, Mary Kay was right. I am honored but also energized to have the opportunity to lead my grandmother’s company as we begin our 60th anniversary year.”

Rogers began his career as an associate in the transaction services group of PricewaterhouseCoopers. He joined Mary Kay Inc. in 2000 as a financial analyst and has held several positions including project manager, director of strategic initiatives, and vice president of strategic initiatives before assuming the role of chief investment officer in 2013. Since 2001 he has also served as VP of The Mary Kay Ash Foundation. He earned his undergraduate degree in business from Southern Methodist University and became a CFA in 2002.

“Taking on the role of CEO for Mary Kay is humbling,” Rogers continued. “Not only because I am following in the footsteps of my grandmother and father, but also because I am following our company’s second most long-serving leader behind Mary Kay herself – David Holl. David’s tenure has seen tremendous growth and success for Mary Kay. Through global recessions and economic downturns, the terrorist attacks of 9/11, a global pandemic, military conflicts and ever-changing regulatory environments around the world, David’s steady and dedicated hand have kept us on track and lead us to unprecedented growth.”

Holl joined Mary Kay Inc.—No. 12 on Happi's 2022 Top 50 Report—in 1993 and in 1996 became CEO and treasurer. In 2001, he was named president and COO and in 2006, assumed the title of president and CEO. In 2018, Holl became chairman and CEO.