LONDON, UK: Revolution Beauty Group plc (AIM: REVB), the multi-channel mass beauty innovator, announced the appointment of Bob Holt OBE as Chief Executive Officer (CEO).

Bob Holt 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.”