CVS Group (CVSG): CEO succession
This situation live
CVSG CVS Group
30 Mar 2026 · Search to be initiated; Fairman stays until successor · +14% until the next step
The Board will initiate an executive search process to identify a successor to lead CVS through its next phase of growth.
26 May 2026 · Search at early stages · −4% until the next step
the Board is making progress, although at early stages, with identifying a successor.
23 Jul 2026 · Search ongoing, no appointment yet · +1% until the next step
Further to the announcement on 30 March 2026 of Richard Fairman's intention to retire, the Board is undertaking a thorough search to appoint a successor.
24 Sep 2026 · Search ongoing, no appointment yet · +8% since
Richard Fairman also announced his intention to retire as Chief Executive Officer, but remains fully committed to leading CVS until a successor takes up the role.
CEO succession
Search ongoing, no appointment yet
Next: Appoint successor to Richard Fairman
Every step · 4
- 30 Mar 2026 Search to be initiated; Fairman stays until successor – The Board will initiate an executive search process to identify a successor to lead CVS through its next phase of growth. ↗
- 26 May 2026 Search at early stages – the Board is making progress, although at early stages, with identifying a successor. ↗
- 23 Jul 2026 Search ongoing, no appointment yet – Further to the announcement on 30 March 2026 of Richard Fairman's intention to retire, the Board is undertaking a thorough search to appoint a successor. ↗
- 24 Sep 2026 Search ongoing, no appointment yet – Richard Fairman also announced his intention to retire as Chief Executive Officer, but remains fully committed to leading CVS until a successor takes up the role. ↗
What is happening
CVS Group: CEO succession – Search ongoing, no appointment yet. ['Search ongoing, no appointment yet']
- In short
- CEO Richard Fairman announced his retirement on 30 March 2026 and stays until a successor is found. The search was early stage on 26 May 2026, and nothing more was said on 23 July 2026. The 24 Sep 2026 results add no appointment or timetable; he remains committed to leading CVS until a successor arrives.
- Announced
- 30 Mar 2026 · Search to be initiated; Fairman stays until successor
- Latest
- 24 Sep 2026 · Search ongoing, no appointment yet
- Board view
- Thorough search under way; update when appropriate
- CEO
- Richard Fairman remains committed to leading CVS until a successor takes up the role
- Appointment
- No successor or timetable announced
What comes next
Appoint successor to Richard Fairman.
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