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Multi-channel beauty company Revolution beauty has announced Bob Holt OBE as its new CEO.

Holt has been interim CEO at the company since 14 October 2022 and has now officially taken the position full time effective immediately.

He has more than 30 years of experience in senior leadership positions having led as CEO and executive chairman a number of UK listed companies. He was responsible for the turnaround of SureServe Group and significant growth of Mears Group.

The company had its shares suspended from the London Stock Exchange after it did not publish its financial results on time, forcing the previous CEO Adam Minto to step down.

Revolution stated that the independent investigation by Forensic Risk Alliance and Macfarlanes remained “ongoing” and that further announcements on it would be made in due course.

Holt 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.”

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