The Revel Collective reveals new board structure

The Revel Collective has outlined its new board structure, as non-executive directors Jemima Bird and William Tuffy will not seek re-election at the bar group’s annual general meeting scheduled for 3 December. 

News comes as The Revel Collective completed its recent equity fundraise and the restructuring plan. 

Following the AGM, the board will consist of two executive directors and three non-executive directors, two of whom – Gavin George and Charlie McVeigh – are considered as independent by the board. 

The board will also appoint an additional independent non-executive director who will become chair of the company’s audit committee “as soon as practicable”. 

In addition, George and McVeigh will both serve on the audit committee.

Following the AGM, the remuneration committee will consist of Charlie and McVeigh, and will be chaired by George, with the new non-executive director also to be appointed to this committee on appointment to the Board. 

Meanwhile, the nominations committee will consist of Luke Johnson, Charlie McVeigh, Gavin George and Rob Pitcher, and will be chaired by Johnson.

Luke Johnson, chairman of The Revel Collective plc, said: “Will and Jemima have made significant contributions to The Revel Collective during their time on the board. Their strategic input and dedication have been appreciated, and their efforts have played a significant part in our journey. 

“We thank them for their work and wish them well in their future endeavours.”