REG - IG Group Hldgs plc - Appointment of Chief Executive Officer

IG groupAnnouncement

08/12/2023 07:15

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RNS Number : 1014W  IG Group Holdings plc  08 December 2023

08 December 2023

LEI No: 2138003A5Q1M7ANOUD76

 

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

 

IG GROUP HOLDINGS PLC

IG Group Appoints Breon Corcoran as Chief Executive Officer

 

IG Group Holdings plc ("IG Group") is pleased to announce the appointment of
Breon Corcoran as Chief Executive Officer. He will join the Group on 29
January 2024 and will be a member of the Board, subject to regulatory
approval. Breon's appointment concludes a comprehensive global search process
undertaken by the Board.

 

Charlie Rozes remains as Interim CEO and Group CFO until Breon joins, at which
point he will continue as Group CFO and a member of the Board.

 

Breon Corcoran has extensive experience leading multinational fintech
companies and delivering on their growth strategies. He was CEO of payments
company WorldRemit until 2022 and CEO of FTSE 100 company Paddy Power Betfair
until 2018. He began his career as a derivatives trader at Bankers Trust and
JP Morgan.

 

Mike McTighe, IG Group Chair, said: "I am very pleased to announce Breon's
appointment following a comprehensive global search. He is a proven leader of
high performing teams within multinational organisations, with an ability to
deliver results for all stakeholders. The Board is confident that Breon is the
right person to lead IG and deliver the next phase of growth. I look forward
to working with him."

 

Breon Corcoran, commented: "I am delighted to be joining IG Group. It's a
business I've long admired. I look forward to working with the Board and
executives to build on its current successes."

 

Breon is currently non-executive Chair of Auction Technology Group plc.

 

There are no other disclosures required under Listing Rule 9.6.13(R).

 

As previously announced, IG Group will release H1 FY24 results on 25 January
2024.

 

 

 

Contact information

 

 IG Group Investor Relations  IG Group Press                       FTI Consulting
 Martin Price                 Angela Warburton                     Ed Berry

 020 7573 0020                020 7633 5382                        07703 330 199

                              press@ig.com (mailto:press@ig.com)

 Simon Wright                                                      Katherine Bell

 020 7573 0099                                                     07976 870 961

 investors@ig.com                                                  iggroup.sc@fticonsulting.com

 

 

About IG

IG Group (LSEG:IGG)
(https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.iggroup.com%2F&data=05%7C01%7CNasia.PachitiPallikaropoulou%40ig.com%7C5d20050a393c470ede8408da6a48e028%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C637939158465717717%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=3PJr8TeTu1xbl3tGvYlFIvrSYmeaW5FZ4qw2qAngYaw%3D&reserved=0)
is an innovative, global fintech company that delivers dynamic online trading
platforms and a robust educational ecosystem to power the pursuit of
financial freedom for the ambitious. For nearly 50 years, the Company has
evolved its technology, risk management, financial products, and education and
content to meet the needs of its retail and institutional clients. IG Group
continues to innovate its offering for the new generation of tomorrow's
investors through its IG, tastytrade, IG Prime, Spectrum, and DailyFX brands.

 

Established in 1974, IG Group is a London-headquartered FTSE 250 company
offering its clients access to ~19,000 financial markets through its offices
spread across Europe, North America, Africa, Asia-Pacific and the Middle East.

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