Non-Executive Chairman appointment at online retailer

IEB Trading is the Guernsey-headquartered online retailer that operates, a fast-growth health and beauty product website that occupies a UK top 4 market position alongside Boots, Superdrug and Feel Unique.’s consumer proposition based on value, range and convenience has enabled it to grow successfully – without institutional funding – from start-up to in excess of £40m revenue in the space of a few years.

Despite this past growth, there remains very clear scope for – whose business model is clearly differentiated from its three closest competitors – to continue to grow very substantially.

Recently, Spectrum has been working with IEB’s founder & CEO, and it’s Operations Director, resulting in the successful appointment of an independent Non-Executive Chairman to the Board.

The appointee will lend her significant multi-sector executive experience as CFO, to provide strategic support and challenge to IEB, with a primary emphasis on stakeholder management, corporate governance, growth strategy and advising the founding CEO.

Hiring independent board members is a bold move for privately held technology businesses, but more importantly it is one that signals confidence and ambition. A good Non-Executive Chairman will both support and challenge management on key strategic issues, and in doing so, create a stronger, healthier organisation.

Daniel Osmer, Managing Partner, Spectrum

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Non-Executive Chairman

Daniel Osmer