Revolution Beauty Group plc announced that Elizabeth Lake has decided to stand down from the Board with immediate effect. Elizabeth will, however, remain with the business as Chief Financial Officer until 31 December 2023. Elizabeth will be replaced as CFO by current non-executive director Neil Catto with effect from 1 January 2024.

During her 18 months as CFO, Elizabeth has strengthened the Group finance function, completed the signing of historical accounts, and successfully overseen the lifting of the suspension and restoration in trading of the Group's shares on AIM. Neil Catto will become CFO on 1 January 2024, having joined the Group Board in July 2023 as a non-executive director. He is an experienced CFO, having previously been Group CFO of boohoo Group PLC, a position he held for 11 years.

Prior to this, he held senior finance roles at BT, Carphone Warehouse and EY.