Scholl's Wellness Names Meghan Davis as New CEO to Head Global Expansion
Company - People | Mar 17, 2025 | Yellow Wood Partners
Scholl's Wellness Company, a renowned leader in the footcare industry, has appointed Meghan Davis as its new CEO effective February 2025. Succeeding Jay Rogers, Davis is set to lead the company into its next phase of growth with a focus on expanding global revenues and unifying the Dr. Scholl's brand. Previously, she was CEO at Thinx and held roles at Johnson & Johnson. Her appointment reflects a strategic intent to capitalize on Scholl's category leadership, where it already has a strong presence in the U.S., Europe, and Australia, and to innovate within its diverse portfolio of footcare and related products. The move aligns with Yellow Wood Partners' strategy of maximizing brand performance through organic growth and strategic acquisitions.
Sectors
- Consumer Products
- Private Equity
- Health and Wellness
Geography
- United States – The headquarters of Scholl's Wellness Company is in Parsippany, New Jersey, and the company holds a strong market position in the U.S.
- Europe – Dr. Scholl's brand is significantly present in European markets, making Europe an important geography for its operations.
Industry
- Consumer Products – Scholl's Wellness, under the Dr. Scholl's brand, produces consumer footcare products, emphasizing the company's role in the consumer goods sector.
- Private Equity – Yellow Wood Partners is a private investment firm that owns Scholl's Wellness and focuses on investing in consumer brands.
- Health and Wellness – The focus on foot and lower body health positions Scholl's Wellness within the broader health and wellness sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Scholl's Wellness Company | Target Company | Company | A leader in footcare products, known for the Dr. Scholl's brand, providing a wide range of health and wellness products for the feet. |
| Meghan Davis | CEO | Person | Appointed as CEO of Scholl's Wellness Company, succeeding Jay Rogers, to lead the company's global growth strategy. |
| Yellow Wood Partners | Private Equity Firm | Company | Boston-based private investment firm that owns Scholl's Wellness, investing in consumer industries. |
| Jay Rogers | Former CEO and Operating Partner | Person | Former CEO of Scholl's Wellness Company, who has transitioned to an Operating Partner role at Yellow Wood Partners. |
| Thinx | Former Employer of Meghan Davis | Company | A company known for innovating in the period underwear category where Meghan Davis previously served as CEO. |
| Johnson & Johnson | Former Employer of Meghan Davis | Company | Multinational corporation where Meghan Davis held various global roles before her role at Thinx. |