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Hand & Stone Appoints Chris Laws as New Chief Financial Officer

Leading Spa Franchise Bolsters Leadership Team with Finance Expert

TREVOSE, PA - (March 6, 2024) – Hand & Stone Massage and Facial Spa, the nation's leading luxury massage and facial spa franchise, announced today that Chris Laws has joined its executive team as Chief Financial Officer. With a robust background in finance and operations across various industries, Laws brings invaluable expertise to the Hand & Stone leadership team. In his new role, Laws will manage all aspects of financial planning, including analyzing the brand’s operating model and ensuring the team remains focused on providing a compelling investment and return for its franchise owners.

"I’m thrilled to welcome Chris to Hand & Stone as our new Chief Financial Officer," said John Teza, CEO of Hand & Stone. "Chris’ diverse background in finance and operational roles will provide valuable insights as we continue to expand and innovate in our industry. I am confident that he will leverage his experience to quickly align with and assess the Hand & Stone operating model to drive continued financial growth and improved profitability for our brand. We’re excited to bring Chris on board to take the helm of our financial operations."

Laws brings a wealth of experience to Hand & Stone with a professional background that spans healthcare, technology, consumer services, distribution, logistics, and real estate. Most recently he served as CFO at Amtech Software, where he spearheaded the company's growth by overseeing finance, internal IT, and sales operations. Prior to his role at Amtech, he also served as CFO at Petro Choice, as well as CFO and COO of Veterinary Practice Partners. Through his leadership, he significantly contributed to the overall growth of each of these companies. Earlier in his career, he was also an investment professional at several private equity firms such as Greenbriar Equity Group, Blue Point Capital, and Morgan Stanley Real Estate Funds.

“The health and wellness industry continues to grow rapidly, and Hand & Stone’s business model and breadth of services give the brand a competitive edge,” Laws said. “I’m extremely excited to be joining Hand & Stone and look forward to contributing to its continued success. It’s an honor to join the exceptionally talented leadership team and I’m eager to dive in and assist in driving further growth.”

With more than 600 spas across the U.S. and Canada and offering both massage and facial services with innovative technologies, Hand & Stone is the massage and facial industry leader and fastest growing spa franchise concept. For more information about franchise opportunities, visit www.handandstonefranchise.com.

ABOUT HAND & STONE MASSAGE AND FACIAL SPA
Hand & Stone is a more than 600-unit massage and facial spa franchise with a mission to bring affordable, luxury spa services to all. Launched in 2004, Hand & Stone now has locations across 36 states and Canada. Each spa features best-in-class skincare treatments highlighting the latest in cosmetic technology. Available for women, men and teens, a wide range of services are tailored to each individual's needs or skin concerns. Hand & Stone facial treatments are performed by licensed estheticians, using top-of-the-line products backed by science including Dermalogica, IMAGE Skincare and ClarityRx Clinical Skin Care. The fastest-growing spa franchise in the country, Hand & Stone has been named No. 1 in the spa category by Entrepreneur Magazine in 2023, 2021 and 2020 and was ranked No. 8 on Forbes' Best Franchises to Buy list in the high investment category.