Lovehoney announces new CEO
Lovehoney, a leading internet seller of sex toys, lingerie and erotic gifts based in the UK, has announced the appointment of ex-Sainsbury’s and Heineken marketing director Sarah Warby as chief executive officer, effective immediately.
Lovehoney, which was founded by journalist Richard Longhurst and DJ Neal Slateford in 2002, has grown revenues to more than $178 million and has been credited with normalising the use of sex toys. Warby will lead Lovehoney on its next phase of growth following the acquisition of a majority stake by Telemos Capital in 2018.
Longhurst and Slateford will step down from the day-to-day running of the business, but will remain as directors on the Lovehoney board alongside Philippe Jacobs and Jacob Polny from Telemos Capital.
Lovehoney is a multi-award winning retailer and manufacturer of pleasure products. In 2016, it won the Queen’s Award for Enterprise – International Trade, the highest accolade in British business.
According to Campaign website, Warby led Sainsbury’s marketing for five years and left the company in 2017 after a restructuring of the marketing team led by chief executive Mike Coupe.
She was appointed chief growth officer at money-management app HyperJar in 2018 and in the same year was hired as a non-executive director at Moneysupermarket.com.
She was marketing director at Heineken UK from 2007 to 2011.
Splitit CEO steps down
Splitit Payments has announced that one of its cofounders, Gil Don, will step down as chief executive officer to become general manager of Europe, the Middle East and Africa. He will remain on the board and will be replaced as CEO by Brad Paterson, effective October 1.
Paterson is currently the managing director for North America, a position to which he was appointed in June. He has more than 20 years’ executive and leadership experience for various payment companies, including PayPal and Visa.
The company is to begin a search for a North America managing director immediately.
Don cofounded Splitit with Alon Feit, the chief risk officer and a company director. He has been CEO since 2015.
Splitit is a payment system that allows customers to split the purchase price of an item into monthly instalments. It serves many of the internet’s top 500 retailers and has a global presence. It is based in New York and has a research centre in Israel and offices in London and Melbourne.
The company was listed on the ASX this January.
Fashion Council CEO steps down
David Giles-Kaye has resigned as CEO of the Australian Fashion Council, effective at the end of 2019, after four years in the position.
His replacement has been appointed to start in the new year and will be announced soon.
In his announcement, Giles-Kaye said he was “not going far” and would “stay as a supporter of the AFC and contribute to its many programs and activities going forward”.
During his tenure he oversaw the merger of the Council of Textile and Fashion and the Australian Fashion Chamber to form the AFC, which became a single unified voice for the $25 billion industry.
AFC Co-Chair Edwina McCann, the editor-in-chief of Vogue Australia, said that Giles-Kaye had “initiated many successful programs like AFC Curated and AFC Flagship that are strengthening Australian fashion design businesses”.
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