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Pindar to step down from Eve Sleep

EverollEve Sleep’s chairman is to leave the company in May.

Paul Pindar, Eve Sleep chairman is to step down from his role after the brand’s AGM on 26 May.

He will be succeeded by Mike Lloyd, coo at retirement home developer McCarthy & Stone. He was also previously AA insurance Services ceo.

‘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,’ says Pindar.

‘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,’ says Cheryl Calverley, Eve Sleep ceo.

‘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,’ says Lloyd.