Directorate Change

RNS Number : 4029F

Hargreaves Lansdown PLC

08 October 2008

 



Hargreaves Lansdown plc announces that Martin Mulligan, Group Finance Director, will be leaving the group at the end of December 2008 to pursue new challenges.  

The group is pleased to announce that Tracey Taylor who joined the group in 1999 will be appointed as Group Finance Director. Previously Tracey worked for Lloyds TSB Bank plc and in public practice where she qualified as an accountant in 1992. To date her responsibilities have included group finance, client accounting and human resources. In 2000 Tracey was appointed to the role of Company Secretary and in 2006 was appointed to the role of Group Accounting Director. Tracey holds an MSc in finance and is also a member of the Securities and Investment Institute (MSI).

Stephen Lansdown, Chairman said, it is always sad when a long serving employee leaves the company but the Board appreciates that after seeing the group through a successful flotation in May 2007 and its first full year as a listed company that this is possibly the right time for Martin to make this decision. On behalf of the Board I would like to thank him for his contribution to the success of the group and wish him well for the future.

We are delighted to announce the appointment of Tracey as Group Finance Director. Tracey has worked for the company for nine years and played a key role in the flotation of the business in 2007. She combines considerable systems experience with a strong financial background and for many years she has contributed significantly to the Board and to the ongoing growth and development of the group.

Martin Mulligan said, having led the group through its flotation in May 2007 and its first full year as a listed company, I now feel the time is right to pursue some new challenges. I have made this difficult decision, in no small part, with the knowledge that Tracey Taylor has all the credentials and experience necessary to fill my role to the highest possible standard. I would like to offer my congratulations and wish her and the group every success in the future.

Martin's shareholding in the Group remains subject to the lock up provisions he entered into when Hargreaves Lansdown floated in May 2007.

Any queries should be addressed to Stephen Lansdown, Chairman, who can be contacted on 0117 988 9967. 

 

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