A beauty firm based on a remote Scottish island has attracted an industry heavyweight to its shores to lead the company’s future growth and expand its presence internationally.
Former Crabtree & Evelyn executive Jacqui Gale will join Arran Aromatics as CEO, while Iain Pittman has been appointed Chairman and Alan Wade is to become Chief Operating Officer.
Duncan Macrae, Business Growth Fund’s investment director, who sits on the Arran Aromatics board, said: “Jacqui is widely recognized and respected in the industry and brings strong international expertise that will be beneficial to the growth of the company.”
Pittman added that the company had made good progress since Business Growth Fund acquired a minority stake in exchange for a £2.8 million investment in 2013, and thanked departing Chairman Andrew Kerr who, he said, had helped build solid foundations for the next chapter in the company’s story.
The company’s goal is to treble sales over the next five years from £5 million to £15 million. Arran Aromatics currently boasts 10 shops and nine concessions in the UK and is sold in 30 countries worldwide.