Stephens joins from Virgin Group where he currently is a partner in the investment team
Bullitt Group has appointed Peter Stephens (pictured) as CEO. His role become effective on January 1 2016.
Stephens has joined the company from Virgin Group where he is currently a partner in the investment team and head of telecoms and media investments and strategy.
He will replace the three current co-CEOs Richard Wharton, Colin Batt and Dave Floyd. They will continue to act as board directors.
Wharton said: “Peter will continue to grow the business globally and help us be more consumer focused in our product development while enhancing the brand capabilities of the group. Peter’s professional background, his network and the depth of his relationships will help Bullitt drive product innovation.
Bullitt chairman Keith Pacey said: “I am sure we will continue to enhance our track record of working with some of the world’s strongest with continued growth throughout 2016 under the leadership of Peter.”