Lovisa Holdings Prepares for Leadership Transition

Lovisa Holdings Ltd. (AU:LOV) has released an update.

Lovisa Holdings Limited has announced the extension of CEO Victor Herrero’s contract until May 31, 2025, and the subsequent appointment of John Cheston as the new CEO and Managing Director starting June 4, 2025. Herrero’s amended contract includes a fixed annual remuneration of US$1,300,000 with specific terms for termination and post-employment conditions. The company is preparing for continued global growth under the leadership of the highly regarded global retailer, John Cheston.

For further insights into AU:LOV stock, check out TipRanks’ Stock Analysis page.