Revolution Magnificence Founder steps down as probe continues

THE WHAT? The Founding father of Revolution Magnificence, Adam Minto has left the corporate with speedy impact, in accordance with a report revealed by the Monetary Instances.

THE DETAILS Final month, the corporate introduced that Minto and Government Chair Tom Allsworth had stepped down from ‘everyday administration’ of the corporate after an unbiased investigation was launched into the sweetness model’s accounts. That investigation is ongoing.

THE WHY? Minto’s departure is ‘a results of the occasions since IPO and the transition from a personal firm to a public firm’, the Board stated in an announcement issued to the Monetary Instances. Minto couldn’t be reached for remark by the Monetary Instances.