REG - IG Group Hldgs plc - Statement regarding Chief Executive

IG groupAnnouncement

29/08/2023 07:00

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RNS Number : 5433K  IG Group Holdings plc  29 August 2023

29 August 2023

LEI No: 2138003A5Q1M7ANOUD76

 

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

IG GROUP HOLDINGS PLC

Statement regarding Chief Executive

IG Group Holdings plc (the "Company") announces that following a short period
of medical leave, June Felix has agreed with the Board that due to her health
situation she will step down from her position as CEO and director of the
Company immediately and cease employment with effect from 29th September.

The Board has appointed Russell Reynolds to undertake a comprehensive search
process and expects to appoint a permanent CEO in the coming months. In the
meantime, Charlie Rozes will continue in his current role as Acting CEO and
Chief Financial Officer.

Mike McTighe, Chair of IG Group, commented: "On behalf of the Board, I would
like to extend our best wishes to June as she continues her recovery. We thank
her for the significant contribution she has made over the past eight years as
a board member and especially as Group CEO for almost five years. During her
tenure as CEO the company has successfully pursued a strategy to diversify the
business while at the same time strengthening its core OTC business resulting
in a doubling of the Group's revenue and profit over the period."

June Felix added: "It has been a great privilege to build and lead such a
talented, ambitious group of people as the CEO of IG Group for nearly five
years. It has been through everyone's collective effort that we have built a
stronger, more diverse company. For this, I thank my executive team, all of my
colleagues and the Board of IG Group for an unforgettable period."

As previously announced, IG Group will provide a Q1 trading update at 7am BST
on 14th September 2023.

Contact information

 IG Group Investor Relations  IG Group Press    FTI Consulting
 Martin Price                 Angela Warburton  Neil Doyle

 020 7573 0020                020 7633 5382     07771 978 220

 Simon Wright                 Alayna Francis    Katherine Bell

 020 7573 0099                020 7633 5395     079 7687 0961

 investors@ig.com             press@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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