Massage Envy, the pioneer and largest national franchisor of massage therapy and skincare services, has named Paul Malek chief financial officer.
“Paul has the rich experience and financial expertise to support our domestic and international growth initiatives,” said Joe Magnacca, Massage Envy’s chief executive officer. “He is a skilled financial strategist, an exceptional leader and understands the services industry and multi-unit business models. We are excited to have him join the leadership team.”
Malek has more than 20 years of experience in finance. He comes to Massage Envy after eight years as chief financial officer for Cadence Education, a leader in early childhood education with a network of more than 140 private preschools. Before that, he was vice president, finance with Troon Golf, which operates 170 golf courses in 29 countries and 34 American states. Malek spent nine years in public accounting, working with numerous public and privately held companies ranging in size from small growth stage companies to large corporations with over $6 billion in assets. He is a certified public accountant and holds a Bachelor of Science degree in accounting, finance and business economics from the University of Arizona.
"I am excited to join a fantastic team at Massage Envy,” said Malek. “It is a brand that I have admired over the years and I am looking forward to contributing to the Company's growth and expansion in the U.S. and internationally.”
Massage Envy is a trailblazer in the wellness industry and one of the most attractive franchise businesses in the world, with meaningful, untapped opportunities for growth.
The company is committed to the wellbeing of Massage Envy members, guests and the 35,000 therapists, estheticians and wellness professionals who work across more than 1,150 franchised locations. Through its innovative membership model, the Massage Envy franchise system lets customers make massage and skincare services a regular part of their health and wellness routine. Its one-to-one service model, backed by technology, allows every franchised location to deliver specific, personalized and consistent care. Massage Envy is ranked #7 in Forbes “Best Franchises to Buy,” and was recently named a Top 20 franchisor by Entrepreneur Magazine, including being #1 in the massage category.
About Massage Envy
Massage Envy, based in Scottsdale, Arizona, is a national franchisor and, through its franchise locations, is the leading provider of therapeutic massage and skincare services. The Massage Envy franchise system is, collectively, the largest employer of massage therapists and estheticians, with more than 35,000 dedicated wellness professionals that provide best-in-class service to over 1.65 million members. Founded in 2002, Massage Envy has more than 1,150 franchise locations in 49 states that have together delivered more than 100 million massages and facials. For more information, visit www.massageenvy.com, or follow us on Twitter @MassageEnvy and Facebook www.facebook.com/MassageEnvy.