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REG - St. James's Place - CFO Succession

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RNS Number : 2156S  St. James's Place PLC  13 June 2024








13 June 2024




St. James's Place ("SJP" or "the Company") is pleased to announce the
appointment of Caroline Waddington to the Board of Directors as Chief
Financial Officer. Caroline's appointment follows an extensive and robust
selection process and is subject to receiving the necessary regulatory


Caroline will succeed Craig Gentle, who will be retiring from the business.
She will join SJP in the second half of the year, at which point Craig will
step down as a Director of the Company but remain with the business for a
short period to facilitate an orderly handover. Craig has been with SJP since
2016, serving as its Chief Financial Officer since 1 January 2018.


Caroline joins from UBS where she was Chief Financial Officer for the Group's
UK Credit Suisse entities, as well as Chief Operating Officer for Credit
Suisse International. Prior to that, Caroline was Chief Financial Officer for
UK and EMEA at Credit Suisse, and before that held senior finance roles at
Barclays Capital, RBS and Deutsche Bank. A Chartered Accountant, Caroline
began her career at Coopers & Lybrand.


Paul Manduca, Chair of St. James's Place, said: "I am delighted to announce
the appointment of Caroline Waddington as SJP's next Chief Financial Officer.
Caroline is highly experienced and has proven financial services expertise
that she has developed in her career to-date. The Board conducted an extensive
and robust selection process in making this appointment and I am confident
that she will prove to be a great asset to the business.


"On behalf of the Board, I would like to thank Craig for his contribution to
the Group since his joining in 2016, particularly his careful stewardship of
the Group's finances since becoming Chief Financial Officer in 2018. We would
like to wish Craig the best for the future."


Mark FitzPatrick, Chief Executive Officer, said: "It has been a pleasure to
work alongside Craig since I joined the business, and I am grateful for his
support. At the same time, I look forward to working with Caroline as Craig's
successor as we look to the future with confidence."


Craig Gentle said: "I have thoroughly enjoyed the last eight years at SJP, and
I look forward to seeing it thrive in the future as the clear market leader in
such an important sector of UK financial services."


Caroline Waddington said: "I am delighted to be joining SJP as Chief Financial
Officer. As a strong believer in the transformative power of financial advice,
I'm excited to be joining the UK's leading financial advice business and
contributing to its future success."



 Hugh Taylor, Director - Investor Relations         Tel: 07818 075143
 Jamie Dunkley, Director - External Communications  Tel: 07779 999651

 Brunswick Group:                                   Tel: 020 7404 5959
 Eilis Murphy                                       Email: sjp@brunswickgroup.com (mailto:sjp@brunswickgroup.com)

 Charles Pretzlik




Additional information


Caroline Waddington's appointment is subject to approval by the Financial
Conduct Authority and the Prudential Regulation Authority, and the effective
date of her appointment to the Board and Craig Gentle's retirement from the
Board are not yet known. The Company will notify the market when the dates are
confirmed. Caroline has no other disclosable appointments, and no other
information is required to be disclosed pursuant to paragraph LR 9.6.13R of
the Listing Rules of the Financial Conduct Authority. Caroline's remuneration
arrangements, with effect from appointment, have been set in accordance with
the Directors' Remuneration Policy approved by shareholders at the 2023 AGM on
18 May 2023.


Caroline will receive an annual salary of £625,000 and a pension allowance of
10% of salary, which is aligned to the pension allowance for the Group's
workforce. She will be able to participate in the Company's annual bonus plan
and long-term incentive plan, consistent with the terms of the Directors'
Remuneration Policy approved by shareholders.


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