Eve Sleep announces Mike Lloyd to its Board of Directors as next Chairman

– UK, London –  eve Sleep Plc (LON: EVE), the direct to consumer sleep wellness brand operating in the UK, Ireland, and France today announced the appointment of Mike Lloyd, current COO and Board member of McCarthy & Stone, as Chairman of the Board of Directors, succeeding Paul Pindar who will step down from the role as Non-Executive Chairman, with effect from the next AGM to be held for the 26 May 2021.

“Working with Paul as our chairman over the last year has been unexpectedly delightful, and I could not be more grateful for his care, support and guidance as we’ve navigated our rebuild strategy. He will remain a close friend of eve and personal mentor. Mike will bring a different energy to the role, challenging and stretching the eve business to accelerate for growth. He’s a remarkable character, and is the perfect fit to help eve take advantage of what lies ahead. I’m personally both excited, and slightly awed by the opportunity that having Mike as chairman places in front of us.” said CEO, Cheryl Calverley.

Paul Pindar, current Chairman of eve Sleep said: “Having had the privilege to chair eve for the past five years, I am confident that the time is now right to complete the Board restructuring that commenced in 2018. eve is now on solid foundations, with strong trading, a healthy balance sheet, and a more resilient tech and logistics platform. The rebuild strategy is complete and as eve shifts its focus to profitable growth, it is the right time to appoint a new Chairman to inject fresh thinking, challenge, and energy, with the time to fully commit to the next stage in the journey. Mike is an exceptional candidate and alongside a new and seriously impressive Board, I have every confidence that eve will continue to grow and prosper. I remain a committed advocate of the brand and a loyal shareholder.”

About Mike Lloyd

A strategy consultant by early background, Mike Lloyd was a Partner at Oliver Wyman where he led their Consumer Service work in the UK. Mike has held executive director roles at leading consumer businesses for the last seven years. He is currently COO of McCarthy & Stone, which has just been taken private and was previously an FTSE 250 Plc. He is responsible for their service operation as well as sales and marketing. Before this Mike was a director at the AA plc for five years, rising to the position of CEO, AA Insurance Services, and Chief Commercial Officer.

Mike Lloyd commented: “eve is at a positive inflection point – having now created sound foundations it can look to profitable growth. I am excited to be joining at this time, and to be able to put my experience and energy into supporting eve in grasping this opportunity. I am looking forward to working with the Board and management team to build a great, growing and profitable business.”

For more information: https://www.evesleep.co.uk/

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