Vincent Wouters, the former president of Arc’teryx who became the chief executive of Hunter Boots in 2016, will be stepping down “by mutual agreement” at the end of July to pursue new opportunities, said the Edinburgh-based company, adding that it is launching a “strategic review” of its operations. This comes after the Pentland Group, which is still a minority shareholder in the famous brand of Wellington boots, joined Searchlight Capital in a cash injection of £16.5 million (€18.4m-$20.8m) for Hunter, led by Goldman Sachs and intended to help the company through the coronavirus crisis and to support its future growth. Reportedly, a wider refinancing package will lead a former minority investor, Pall Mall Legacy, to become Hunter’s controlling shareholder. More in Shoe Intelligence.