Sherwood Group, the lingerie, swimwear, nightwear and lace producer, has appointed Peter Lambert, previously acting chairman, as executive chairman. The move follows the untimely and unexpected death in June of David Parker, the Group's founder and chairman. Two further appointments see Mike Basford, currently managing director of Sherwood garments companies, promoted to deputy chairman and Martin Webster, finance director of the Lace Division, replacing Peter Newbold as finance director and company secretary.