Randy L. Pearce — currently senior executive vice president, chief financial and administrative officer of the Minneapolis-based Regis Corporation — has been named president, succeeding Paul D. Finkelstein, who will remain chairman and chief executive officer through this year. In 2012, Finkelstein, 68, will move to executive chairman.

David Bortnem, formerly head of operations of the MasterCuts brand, has been named to the new position of corporate chief operating officer, overseeing all Regis brands in North America. He will report to Pearce.

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