11 Nov 2022 --- Revolution Beauty founder and CEO Adam Minto has resigned with immediate effect, the company’s board announced. This follows Minto’s departure from day-to-day business management in October along with executive chairman and co-founder, Tom Allsworth, amid an ongoing accounting investigation.Trading in Revolution Beauty shares was suspended in September after the company’s auditors, BDO, “identified a number of serious concerns” that arose during the FY22 audit. External advisers – Forensic Risk Alliance, Macfarlanes – are carrying out an independent investigation per BDO recommendation.
