Ray Barton to Expand Role as Chairman of the Board

MINNEAPOLIS, Jan. 31, 2011—Great Clips, the world’s largest salon brand, is proud to announce that Ray Barton, who previously served as CEO and Chairman of the Board, will expand his role as Chairman of the Board effective Feb. 1. As part of this transition, Barton is turning the CEO reins over to Rhoda Olsen who has been serving as President.

In this Chairman role, Ray will focus his efforts on preparing the Board to take a more active role to help guide Great Clips with key strategic and executive succession decision, making sure Great Clips is on sound financial footing, ensure succession is implemented and anticipating new areas for the future.

“As Great Clips moves toward long-term success not only as a billion dollar brand, but also as a Legacy Brand that will live beyond those of us in the business today, it’s not unexpected that many are asking about who will lead us to those benchmarks,” said Ray. “We want to be a billion dollar brand; we really want to be a Legacy brand—a brand our grandkids and great-grandkids will talk about 70-80 years from now. There are tremendous opportunities before us and this transition will allow us to move toward achieving these goals.”

About Great Clips, Inc.

Great Clips, Inc. was established in 1982 in Minneapolis. Today, Great Clips has more than 3,000 salons throughout the United States and Canada, making it the world’s largest salon brand. Great Clips salons employ nearly 30,000 stylists who receive ongoing training to learn advanced skills and the latest trends. Make Great Clips your choice for value-priced, high-quality haircare for men, women and children. No appointments needed, and salons are open nights and weekends. And, it’s more convenient than ever with Great Clips’ Online Check-In. To check-in online, visit www.greatclips.com or download the app for Android and iPhone. For more information about Great Clips, Inc. or to find a location near you, visit www.greatclips.com.