By Michael Susin
Revolution Beauty said former Boohoo finance chief Neil Catto will replace current chief financial officer Elizabeth Lake, who has decided to stand down at the end of the year.
Catto joined the board of the London-listed beauty group as nonexecutive director in July following an agreement with major shareholder Boohoo, which was seeking to reshuffle the board of directors by appointing its own candidates.
In the same statement Wednesday, Revolution Beauty said it has settled the claims with former executive chairman Tom Allsworth after agreeing on the revised payment of 19.0 million pounds ($23.9 million) regarding the acquisition of Medichem SPA.
Write to Michael Susin at [email protected]
Read the full article here
