Lovisa has named Mark McInnes as its new executive deputy chairman, effective June 4, 2025.
McInnes is currently the global CEO, retail and consumer, at BB Retail Capital Pty Ltd, which owns a 39 per cent stake in Lovisa.
“Mark’s extensive experience and proven track record of success in large Australian ASX listed retailers, combined with his leadership skills make him an invaluable member of the board and executive management team,” said Brett Blundy, Lovisa’s Chairman.
“We are confident that his contributions will further strengthen our position in the industry and drive long-term value for shareholders.”
McInnes’ appointment coincides with John Cheston commencing as Lovisa’s global CEO and managing director.
Lovisa’s board is also considering appointing a new independent non-executive director.