Revolution Beauty reaches settlement with co-founder as CFO exits

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Revolution Beauty

Revolution Beauty chief financial officer Elizabeth Lake is set to step down from her position at the company after 18 months.

The executive will be replaced by the business’s current non-executive director Neil Catto, with effect from 1st January 2024.

Catto joined the group’s board in July 2023 as a non-executive director, and previously served as group CFO of boohoo group PLC for 11 years.

The exec also previously held senior finance roles at BT, Carphone Warehouse and EY.


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The company’s chairman Alistair McGeorge said: “Neil has been a trusted member of the Board since joining five months ago, and I am pleased that he is now becoming CFO.

“I have no doubt that his considerable and relevant experience will prove a real asset as Revolution Beauty embarks on its next phase of growth”.

Revolution Beauty has also appointed Alvarez & Marsal managing director Erin Brookes to its board as an independent non-executive director.

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