Directorate Change

RNS Number : 1609K

Hargreaves Lansdown PLC

14 April 2015

 



HARGREAVES LANSDOWN PLC

14 APRIL 2015

BOARD CHANGES AT HARGREAVES LANSDOWN

Hargreaves Lansdown announces that co-founder Peter Hargreaves has given notice that he will step down from the Board of Hargreaves Lansdown plc  with immediate effect. Peter will remain employed with the business.

Mike Evans, Chairman said "Having founded this business with Stephen Lansdown in 1981, Peter has been instrumental to the success of the Group and has personally overseen its development into a financially secure, profitable, client focused, FTSE100 business. I am sure we will continue to benefit from his experience and insight as both an employee and a major shareholder. On behalf of the Board and indeed the whole Group, I would like to express my gratitude to Peter for his immense contribution to the Group to date."

Peter Hargreaves said "I believe this is the right time for me to step down from the Board. The Group continues to perform strongly and I have every confidence in the strong management team and the well diversified Board to look after my interests in the Group. I will continue to work in the business, but will spend more time with my family and pursuing outside interests. I will, of course, remain in close touch as a major shareholder."

For further information please contact:

Hargreaves Lansdown [phone]

Ian Gorham, Chief Executive

Danny Cox, Media Relations

James Found, Investor Relations

 

END

 

 

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