REG - Hargreaves Lansdown - Directorate Change

Hargreaves LansdownAnnouncement

17/10/2022 07:16

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RNS Number : 0203D  Hargreaves Lansdown PLC  17 October 2022

 

17 October 2022

 

Hargreaves Lansdown plc ("HL" or the "Company")

 

Hargreaves Lansdown: CEO succession

 

HL announces that Chris Hill, Chief Executive (CEO), has informed the Board
that having served as CEO and Executive Director for six years, he has decided
to retire from the Company. Under Chris' leadership, HL has delivered
significant growth in assets under administration and client numbers, he has
navigated the Company through the Covid-19 crisis and launched the Company's
new strategy, announced at its Capital Markets Day in February 2022.

 

The Board is undertaking a thorough and extensive search for his successor.
Chris Hill will remain in role until his successor joins the Company and to
allow time for a handover up to November 2023.

 

Chris Hill was appointed as CEO and the Board in April 2017. He joined the
Company in February 2016 initially as CFO and then as Deputy CEO from October
2016 to April 2017.

 

Deanna Oppenheimer, HL Chair said: "Chris has successfully led the company
through a period of significant change. He is leaving HL as a stronger
company, with a clearly defined strategy that the Board fully supports. Having
started the implementation of the next phase of the company's growth, Chris
has decided it is time to pass the reins to a new CEO to continue to execute
on this strategy and build on our market leading proposition. The Board is
grateful to Chris for his leadership and looks forward to continuing to work
with him on delivering the strategy and a successful handover next year."

 

Chris Hill said: "I have been privileged to lead the Company over the last six
years through a period of growth and also an unprecedented time of change. I
set in train a comprehensive strategy to ensure the company remains at the
forefront of wealth management, including providing clients with the best
digital tools. Having put in place strong foundations that are already
delivering results, including an exceptional leadership team, it will be time
after a thoughtful transition to hand over to my successor to take the company
through the next phase of embedding this strategy."

 

This announcement has been determined to contain inside information.

 

Enquiries:

Hargreaves Lansdown plc

Danny Cox
 
07989 672 071

Brunswick
Group
0207 404 5959

 

 

 

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