Directorate Change

RNS Number : 3839J

Man Group plc

29 March 2018

 

Man Group appoints Zoe Cruz as Non-Executive Director

London, 29 March 2018 - Man Group plc today announced that Zoe Cruz has been appointed non-executive director and member of the Board's Remuneration Committee, effective 1 June 2018.

Zoe brings over 35 years of broad investment and operational experience to Man Group, including a deep understanding of financial markets and investment management. During her 25 year career at Morgan Stanley, she held various senior roles, including serving as Co-President of the firm between 2005 and 2007 and Global Head of Fixed Income, Foreign Exchange and Commodities from 2001 until 2005. Zoe founded Voras Capital Management in 2009 and ran the firm as CEO until 2013. She currently serves as founder and CEO of EOZ Global, a single family office based in New York.

Zoe is an experienced non-executive Board member, acting as a non-executive director of Old Mutual plc, where she serves on the Board Risk and Remuneration Committees, and of Ripple. She is a member of the Bowdoin College Investment Committee and the Advisory Council of the Harvard Kennedy School Center for Business and Government.

Ian Livingston, Chairman of Man Group, said:

"Zoe's senior-level experience within global financial institutions, extensive knowledge of investment management and financial markets, and her strong US perspective will make her a valuable adviser and contributor to the development of Man Group's business. We are delighted to welcome her to Man Group's Board."

Zoe holds a B.A. in Romance Languages and Literature from Harvard College and an M.B.A from Harvard Business School.

There are no further disclosures to be made pursuant to Listing Rule 9.6.13 in respect of Zoe Cruz's appointment.

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About Man Group

Man Group is an active investment management firm focused on delivering performance and client portfolio solutions through its five investment management businesses: Man AHL; Man Numeric; Man GLG; Man FRM and Man Global Private Markets.

Man Group's investment management businesses provide long-only, alternative and private markets products on a single and multi-manager basis, leveraging the firm's robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.

The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange under the ticker EMG.L and is a constituent of the FTSE 250 Index. As at 31 December 2017, Man Group's funds under management were $109.1 billion.

Man Group also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.man.com.

Forward looking statements and other important information

This document contains forward-looking statements with respect to the financial condition, results and business of Man Group plc. By their nature, forward-looking statements involve risk and uncertainty and there may be subsequent variations to estimates. Man Group plc's actual future results may differ materially from the results expressed or implied in these forward-looking statements.

The content of the websites referred to in this announcement is not incorporated into and does not form part of this announcement. Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment advisory services.

 

 

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