14 March 2024
LEI No: 2138003A5Q1M7ANOUD76
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
IG GROUP HOLDINGS PLC
Directorate Changes
IG Group Holdings plc ("IG", "the Company") announces that Charlie Rozes will be stepping down from his role of Chief Financial Officer (CFO) and leaving the company to pursue other opportunities.
Charlie will remain as CFO and Executive Director until 31 July 2024 to ensure a smooth transition. The process to identify his successor is underway and further updates will be made in due course.
In addition, Jon Noble, Chief Operating Officer (COO), will be leaving his role as Executive Director with immediate effect but remaining with the business for a short period to ensure an orderly transition. Jon joined IG in 2000 and has served on the Board since 2018.
Mike McTighe, Chairman, said "We are grateful to Charlie and Jon for their service on the Board and as part of the executive management team. Charlie has made an outstanding contribution to the Company's growth in his role as CFO and more recently as Acting CEO. We thank Jon for his long service and the pivotal role he has played in positioning IG as the global market leader in our industry. Charlie and Jon leave with our best wishes for the future."
Breon Corcoran, CEO, said "Charlie and Jon have made a huge contribution to IG's successful development and growth. I wish them every success in their next chapters."
Charlie Rozes, CFO, said "I want to thank my colleagues and the Board as we executed our strategy to diversify and increase shareholder returns. I wish IG continued success for the future."
Jon Noble, COO, said "It has been a privilege to work at IG for over 24 years but now is the right time for me to pursue different opportunities. I leave knowing that the Company is fundamentally strong and has an exciting future. I wish Breon and the Board every success in coming years."
As disclosed in the Group's Q3 trading update, total revenue and adjusted profit before tax for FY24 are anticipated to be in line with current market expectations.
Contact information
IG Group Investor Relations |
IG Group Press |
FTI Consulting |
Martin Price / Simon Wright |
Angela Warburton |
Edward Berry / Katherine Bell |
020 7573 0020 / 0099 |
020 7633 5382 |
07703 330 199 / 079 7687 0961 |
investors@iggroup.com |
press@ig.com
|
edward.berry@fticonsulting.com / katherine.bell@fticonsulting.com |
About IG
IG Group (LSEG:IGG) is a global fintech company that provides online trading platforms and educational
resources to empower ambitious clients around the globe. Established in 1974 and headquartered in the
UK, IG Group is a FTSE 250 company that offers clients access to ~19,000 financial markets worldwide.
For 50 years, the Company has grown and evolved its technology, product offering, and educational tools
and content to meet the needs of its retail and institutional clients. IG Group continues to innovate its offering
for the next generation of traders and investors through its market-leading brands: IG, tastytrade, IG Prime,
Spectrum, and DailyFX.