The boss of furniture specialist ScS, who oversaw an almost £100m takeover at the end of last year, is set to exit the business.

Steve Carson

Steve Carson will leave ScS ‘knowing the group’s future is bright’

Chief executive Steve Carson is expected to step down from his role later this summer, City AM has reported.

Carson joined the company as chief executive in November 2020, having previously been group managing director at Holland & Barrett.

A spokesperson for ScS told the newspaper: “Steve has decided that now is the right time to move on from ScS.

“He will depart knowing the group’s future is bright, having played a central role in bringing about considerable investment via a new ownership structure and enabling transformative progression with a rebranding exercise.

“He leaves with a strong legacy and the thanks of the entire business and new ownership for his effort and drive in pursuit of a clear purpose to support customers in ‘helping create a home they love’. Steve departs in July and will ensure a smooth transition.”

The news comes after a £99m takeover of the retailer by Italian sofa retailer Poltronesofà was given the green light in December last year when shareholders voted in favour of the deal.

Poltronesofà previously said the acquisition would facilitate part of the group’s global growth ambitions and would enable its entry into the UK market.

ScS posted a “resilient set of results” in October when it said the trading environment had been harder in the first quarter of the year.

ScS said underlying profit before tax dropped from £13.8m to £7.2m year on year, while sales were down slightly from £344.7m to £343.5m.