A wave of resignations has hit ScS as executive members depart following its recent acquisition by Italian owner Poltronesofà.
- Noteworthy figures such as commercial director James Heese and others have resigned, signalling a significant shift.
- The acquisition was completed last year for a substantial £99.4m, indicating major strategic changes.
- Multiple directors, including the CEO Steve Carson, had already stepped down during the summer.
- Departing executives are expected to remain with the company until January as they serve their notice periods.
Senior executives have resigned “en masse” from ScS, correlating with transformative strides led by its new owner, Poltronesofà. Several sources familiar with the situation revealed that stakeholders were informed of the collective resignations of vital board members, underscoring a pivotal transitional phase.
Among those departing are recognised leaders like the commercial director, James Heese, and key figures such as Marie Liston, Lucy Clough, Gavin Vose, and Dean Weston. Their resignations highlight a significant organisational upheaval across departments including corporate services, human resources, logistics, and sales.
The widespread resignations were brought to light by The Furnishing Report, although verifications from each director remain unconfirmed as per the publication. However, an internal source confirmed additional departures, including Ashleigh Ellis, the director of buying, along with two other senior officials, enhancing the narrative of a broad executive restructuring.
An anonymous board member admitted their inability to comment on the resignations but did not challenge the names mentioned. The directors are believed to continue in their roles until January, adhering to their notice periods.
Poltronesofà acquired ScS last year at an approximate cost of £99.4 million, initiating a swift transformation process. This acquisition aims to rebrand ScS, revamping store layouts and accelerating strategic reforms under Poltronesofà’s stewardship.
Earlier, the exit of CEO Steve Carson, along with board members Phil Geary and CFO Mark Fleetwood, signaled the commencement of substantial internal shifts poised to redefine the company’s market approach.
The executive exodus at ScS exemplifies strategic realignment priorities under Poltronesofà’s ownership.