Britain’s Revolution Beauty CEO to step down amid accounting probe – Reuters

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Nov 9 (Reuters) – Britain’s Revolution Beauty Group (REVB.L) said on Wednesday its Chief Executive Officer Adam Minto has stepped down with immediate effect, nearly a month after its top bosses moved away from daily activities amid an independent accounting probe.

The investigation into the accounting issues remains ongoing and no conclusion has been drawn, the makeup company said. read more

Trading in Revolution Beauty’s shares was suspended on Sept. 1, after it missed releasing final results for the year ended Feb. 28 due to accounting issues that prompted the group’s auditor to order a probe in August.

Reporting by Hani Kollathodi in Bengaluru; editing by Uttaresh.V

Our Standards: The Thomson Reuters Trust Principles.

3 Comments.

  1. Really useful! And how much you do not go on the net it’s all blah blah blah blah. But not here, and it’s good!

  2. Thanks for the news! Was just thinking about it! Happy New Year to you all by the way 😉

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