Emerson, a 21-year veteran of Virgin owner Bain Capital’s sister consultancy firm Bain & Company, was brought in as CCO in 2021. He will replace outgoing CEO Jayne Hrdlicka, who announced her departure from the top job last year.
In its report to creditors, Hall Chadwick blamed a number of factors for the business’s failure, including “insufficient” and “sporadic” funding from parent company 777 Partners, and recommended the company be wound up.