Directorate Change

RNS Number : 9996N

Hargreaves Lansdown PLC

13 September 2013

 



HARGREAVES LANSDOWN PLC

13 SEPTEMBER 2013

BOARD CHANGES AT HARGREAVES LANSDOWN

Hargreaves Lansdown announces that Senior Independent Director Jonathan Bloomer will step down from the Board of Hargreaves Lansdown plc at the Group's Annual General Meeting on 25 October 2013. From the same date, Chris Barling will assume the role of Senior Independent Director (SID) and also Chairman of the Remuneration Committee.  The Group is also in the process of appointing a new non-executive director who will in due course become Chairman of the Audit Committee.

Mike Evans, Chairman said "Jonathan joined the Board of Hargreaves Lansdown in September 2006 prior to the IPO in May 2007 and has contributed strongly to the development of the Board and its governance structures. We have benefitted from his extensive experience and challenge as the Group has grown into the financially secure, profitable, client focused, FTSE100 business it is today. On behalf of the Board and indeed the whole Group, I would like to express my gratitude to Jonathan for his immense contribution to the Group.

I am delighted that Chris Barling has agreed to become the new SID and chair of our Remuneration Committee. Chris has now served three years on our Board and is well respected. I am sure he will use his experience and business acumen wisely in these new responsibilities."

Jonathan Bloomer said "I have thoroughly enjoyed the last seven years and feel that the Group is well positioned to continue to prosper. "

For further information please contact:

Hargreaves Lansdown [phone]

Ian Gorham, Chief Executive

Danny Cox, Media Relations

 

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