IN BRIEF: Warpaint London renews sales contract with Ward & Hagon
Warpaint London PLC - Buckinghamshire, England-based colour cosmetics supplier - Further to its statement at the annual general meeting earlier in June, Warpaint says it has now renewed its contract with Ward & Hagon Management Consulting LLP, subject to a six-month notice period on either side. Warpaint originally appointed Ward & Hagon, a provider of practical business solutions, in February 2020 to assist it in implementing its strategic growth plan. The objective of the contract renewal is to continue to accelerate Warpaint's growth and drive further business transformation. The new deal provides additional sales responsibilities and increased time commitments to reflect the increase in the size of the Warpaint business. As part of this, Martyn Ward, of Ward & Hagon, will become group head of sales for Warpaint and coordinate and manage all sales activities. The contract is worth GBP405,000 per annum and Ward & Hagon has an opportunity to earn up to GBP300,000 per annum through non-discretionary performance related sales bonuses and commissions. Payments will be met from operating cash flows. Following the contract renewal, Warpaints says Paul Hagon has stepped down from his role as a director. Read More