Surveillance systems and security specialist Synectics has appointed former Revolution Beauty CEO Bob Holt OBE as its non-executive chair, active immediately following the conclusion of its AGM on April 24.
Holt will replace Steve Coggins, who will retire from the board immediately following the conclusion of the AGM. Steve has served as a non-executive director of the company since January 2005, and as interim chair since October 2023.
Holt is a highly accomplished executive with over 35 years’ experience in senior leadership roles across various sectors, including Revolution Beauty, Sureserve Group Plc, and Mears Group PLC, where he guided the company through its successful IPO on AIM and played a pivotal role in establishing Mears as a market leader in its sector.
He was awarded an OBE for his significant contributions to charity, having founded both The Footprints Foundation to support vulnerable individuals, both locally and internationally, and The Holt Trust, which provides grants to disabled and able-bodied young people under 25, helping them overcome barriers to achieving their full potential in amateur sports.
Upon his appointment, Bob will be granted options over, in aggregate, 350,000 ordinary shares of 20 pence each in the Company which would vest on 31 March 2027 depending on the performance of the company’s share price.
Paul Webb, CEO of Synectics, said: “On behalf of the board, I would like to welcome Bob to the company and look forward to his support in realising our strategic ambitions for the business. I would also like personally to thank Steve for his unwavering commitment to Synectics over many years.”
