Paul Pindar, the chairman of Eve Sleep, has announced his decision to step down from the role.\u00a0\r\n\r\nPindar, who has held the position as chair for five years, will be replaced by Mike Lloyd, the group\u2019s current chief operating officer (COO).\u00a0\r\n\r\nLloyd has held executive director roles at leading consumer businesses for the last seven years. He began his career as a strategy consultant and was a partner at Oliver Wyman where he \u201cled their consumer service work in the UK\u201d.\u00a0\r\n\r\nAt the moment, Lloyd is also COO of retirement home developer McCarthy and Stone, which has just been taken private and was previously a FTSE 250 Plc. He will take up his role on 26 May 2021.\u00a0\r\n\r\nEarlier this month, Eve Sleep, which operates solely online also reported a revenue increase of 6%, from \u00a323.9m in 2019 to \u00a325.2m in 2020 - with the group announcing plans to \u201caccelerate\u201d its business.\u00a0\r\n\r\nCheryl Calverley, CEO of Eve Sleep, said: "Working with Paul as our chairman over the last year has been unexpectedly delightful, and I could not be more grateful for his care, support and guidance as we've navigated our rebuild strategy.\u00a0\r\n\r\n\u201cHe will remain a close friend of eve and personal mentor. Mike will bring a different energy to the role, challenging and stretching the eve business to accelerate for growth.\u201d\r\n\r\nShe added: \u201cHe's a remarkable character, and is the perfect fit to help Eve take advantage of what lies ahead. I'm personally both excited, and slightly awed by the opportunity that having Mike as chairman places in front of us."