Revolution Beauty Group PLC Appointment of CEO (7018H)
November 28 2022 - 2:00AM
UK Regulatory
TIDMREVB
RNS Number : 7018H
Revolution Beauty Group PLC
28 November 2022
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
For Immediate Release 28 November 2022
REVOLUTION BEAUTY GROUP PLC
("Revolution Beauty", the "Group" or the "Company")
Appointment of CEO
Revolution Beauty Group plc (AIM: REVB), the multi-channel mass
beauty innovator, is pleased to announce the appointment of Bob
Holt OBE as Chief Executive Officer (CEO). Bob has been providing
leadership to the business as interim Chief Operating Officer since
14 October 2022, and will become CEO with immediate effect.
Bob is an accomplished executive with more than 30 years'
experience in senior positions and executive roles across a wide
range of sectors. Having led as CEO and Executive Chairman a number
of UK listed companies, including the turnaround of SureServe Group
Plc and significant growth of Mears Group Plc, the Board believe he
is the right person to drive the business forward.
The independent investigation being carried out by Forensic Risk
Alliance and Macfarlanes remains ongoing, and no conclusions have
been drawn. An update will be released to the market in due
course.
Bob holds no shares in the Company.
Bob Holt, Incoming CEO of Revolution Beauty said : "Over the
past six weeks I have seen first-hand the quality of people working
at Revolution Beauty, the overall popularity of the brand and
innovation of products for customers around the world. I believe
there is a huge opportunity for the business as it moves ahead and
I am confident that, together with the team, we will drive the
business forward."
Information on Bob required to be disclosed under Schedule Two,
paragraph (g) (i)-(viii) of the AIM Rules for Companies:
Robert ("Bob") Holt, aged 68, currently holds directorships and
partnerships in the following companies:
Business Strategy LLP
Coal Hole Limited
Global Trees
Leadership Today Limited
The Logical Utilities Company Limited
Totally Plc
In addition, Bob has held the following directorships in the
past five years:
Arbed Am Byth Limited
DX (Group) Plc
Ensco 996 Limited
Ensco 997 Limited
Inprova Group Ltd
Mears Group Plc
Seneca Partners Limited
Senone LLP
Sureserve Compliance Services Limited
Sureserve Design & Build Limited
Sureserve Energy Services Limited
Sureserve Group Plc
Sureserve Holdings Limited
Sureserve Vgs Limited
The Mears Foundation
For further information please contact:
Revolution Beauty Group plc
Bob Holt / Elizabeth Lake Investor.Relations@revolutionbeautyplc.com
J oint Corporate Brokers
Zeus (NOMAD): Nick Cowles /Jamie Tel: +44 (0) 161 831 1512
Peel /Jordan Warburton
Liberum: Clayton Bush / Edward Tel: +44 (0) 203 100 2222
Thomas / Miquela Bezuidenhoudt
Media enquiries:
Headland Consultancy Tel: +44 (0)7872 350428
Rosh Field / Will Smith / Marta Parry-Jones Tel: +44 (0)7884 742400
Revolutionbeauty@headlandconsultancy.com
- Ends -
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END
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