Inspecs announces key leadership shifts

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Inspecs has announced a number of leadership moves as founder, Robin Totterman, takes on the role of executive chair.

Richard Peck, who served as non-executive director on the board since January 2020, has taken on the role of Group CEO as of 1 December.

Peck has 35 years of experience in the optical industry, and was previously managing director of Luxottica Retail Northern Europe, and managing director of David Clulow.

Inspecs also announced the appointment of two non-executive directors, Shaun Smith and Hugo Adams.

Smith has previously held chief finance officer roles with Norcros pls and Aga Rangemaster plc, and has served as a non-executive director on public company boards since 2016, including as audit committee chair, and is currently a non-executive director of Epwin Group plc.

On his appointment, Smith will join the audit and risk, and remuneration and nomination committees.

Adams has more than 25 years of experience working for global consumer brands, including The Body Shop, and running marketing and expansion at Dyson. He spent nine years at Marks and Spencer Group PLC, managing businesses across Europe and the Middle East, as well as in the role of chief of staff to the CEO, and subsequently property manager.

He served on the executive board at Superdry Plc, and was most recently CEO of Start-Rite Shoes.

Adams will also serve on the audit and risk, and remuneration and nomination committees, as well as the newly-formed environmental, social and governance committee on appointment.

Totterman said of the appointments: “I am delighted to welcome Shaun and Hugo to the board of Inspecs. Shaun has extensive PLC experience, having held a variety of finance roles in international manufacturing and retail groups, whilst Hugo brings significant experience in the retail sector and a proven track record of delivering growth for purpose-led consumer brands.”

He added that the appointments come at an “important time” for the group, as Peck assumes the role of group CEO, commenting: “The board is delighted that Richard has become CEO with his extensive business development skills gained at Luxottica and is confident he is the right person to lead Inspecs through the next stage of its growth.”