REG - Hansard Global plc - Directorate Change

Hansard GlobalAnnouncement

02/08/2024 07:00

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RNS Number : 8501Y  Hansard Global plc  02 August 2024

2 August 2024

Hansard Global plc

 

(the "Company")

 

Chief Executive Officer Succession

 

 

The Company announces that Graham Sheward, Chief Executive Officer, has
decided to retire from the Company, having served in the role of Chief
Executive Officer for over three years. Graham will step down as CEO and
executive director with effect from 2(nd) August 2024 and will continue to
work with the Company as required until the end of December 2024.

 

Following Graham's decision to retire from the Company, the Board is pleased
to announce the appointment of Thomas Morfett as the Company's Chief Executive
Officer (CEO), subject to any relevant regulatory protocols.

 

Thomas joined the Company in April 2023, serving as a Board member and Chief
Financial Officer (CFO) since then. Thomas is a Chartered Accountant and
Actuary and has close to 20 years' experience in the life assurance industry,
most recently at Utmost and previously Canada Life and Zurich. He has
extensive financial, commercial, M&A and business transformation
experience.

Thomas will also continue in the role of CFO for an interim period pending
appointment of a successor as CFO. A search for his successor as CFO will
commence shortly.

 

Full details of the impact of the departure on remuneration will be disclosed
in the Directors' Remuneration Report within the Annual Report and Accounts
for the year ended 30 June 2024, and subsequent years, if appropriate.

 

 

Philip Kay, Chairman, said:

 

"I would like to thank Graham for his efforts over the last three years,
during which significant progress has been made with the achievement of
long-standing strategic objectives."

 

 

"We are also delighted to be able to announce Thomas as our next CEO allowing
a seamless transition. Thomas has had a very positive impact since joining the
Company last April and we see him as the ideal person to lead our executive
team in capitalising on the framework Graham has put in place over the last
few years."

 

Graham Sheward said:

 

"I have thoroughly enjoyed my time as CEO over the past three years and I am
proud of our achievements during this time, delivering on two key strategic
objectives that the Company has been focussed on since 2018.  I have every
confidence that my successor will lead the Company to further success in the
future."

 

Thomas Morfett said:

 

"I am delighted to be transitioning to this role at such an exciting time in
our corporate history. I would like to add my thanks to Graham for his support
since I joined the Company in April 2023, and look forward to building on his
legacy."

 

 

This announcement contains inside information which is disclosed in accordance
with the Market Abuse Regime.

 

 

 

 

 

For further information:

 

Hansard Global
plc
+44 (0) 1624 688 000

 

Hazel Stewart, Company Secretary

Email: investor-relations@hansard.com (mailto:investor-relations@hansard.com)
 

 

Camarco

Ben
Woodford
+44 (0) 7990 653 341

Geoffrey Pelham-Lane
                      +44 (0) 7733 124 226

Hugo
Liddy
+44 (0) 7532 107 817

 

 

 

LEI number: 213800ZJ9F2EA3Q24K05

 

 

Notes to editors:

 

Hansard Global plc is the holding company of the Hansard Group of companies
and was listed on the London Stock Exchange in December 2006. The Group is a
specialist long-term savings provider, based in the Isle of Man.

 

The Group offers a range of flexible and tax-efficient investment products,
designed to appeal to affluent, international investors.

 

Hansard does not provide advice on the suitability of any products. Products
are available through independent financial advisers only, on the basis that
the independent financial adviser is acting on behalf of the applicant.

 

The Group utilises a controlled cost distribution model via a network of
independent financial advisors and the retail operations of certain financial
institutions who provide access to their clients in more than 170 countries.

 

The principal geographic markets in which the Group currently services
contract holders and financial advisors are the Middle East & Africa, the
Far East, and Latin America. These markets are served by Hansard International
Limited and Hansard Worldwide Limited.

 

The Group's objective is to grow by attracting new business and positioning
itself to adapt rapidly to market trends and conditions. The scalability and
flexibility of the Group's operations allow it to enter or develop new
geographic markets and exploit growth opportunities within existing markets
without the need for significant further investment.

 

 

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