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Every day a Good Hair Day as John Lovering joins GHD board
DEALMAKER John Lovering has been drafted in as non-executive chairman of GHD Group, makers of the popular GHD hair straighteners.
Lovering, who is also a non-executive chairman at Maplin, has joined the board as part of a reshuffle at the brand, which is majority owned by Montagu Private Equity.
Finance director Mark Hall is moving to the US to run the firm’s North American operations, while turnaround specialist Lawrence Coppock takes his former role. Non-executive director Peter Cheung has also left.
Lovering is a former chairman of Debenhams, Mitchells & Butlers and Peacocks.
GHD – short for Good Hair Day – had sales of £147.5m in the year to December 2010, but made a loss before tax of £4.3m.