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  "documentTitle": "e.l.f. Beauty, Inc. (ELF)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2023-11-09 00:00:00",
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  "notes": "The slide uses a table to contrast demographic data across three organizational levels: Board, Senior Leadership, and All Employees.",
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      "text": "Women make up 67% of ELF's Board, 56% of senior leadership and almost 80% of all employees. Therefore, we believe its brand equity and success is highly sensitive to the perception that it supports organizations with positive connections to women's health and rights.",
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      "text": "Women make up 67% of ELF’s Board, 56% of senior leadership and almost 80% of all employees. Therefore, we believe its brand equity and success is highly sensitive to the perception that it supports organizations with positive connections to women’s health and rights.",
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      "text": "female representation: 79%",
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      "text": "Source: ELF 10-K",
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      "text": "(1) Senior Leadership includes our Executive Officers and the Vice President, General Manager of our China operations. (2) Includes our employees in the United States, United Kingdom and Canada, where over 75% of our workforce is located.",
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