Business
Statement regarding Chief Executive
Statement regarding Chief Executive.
About this update from Ig Group Holdings Plc
[{"type":"text","content":"\n\n\n29 August 2023\nLEI No: 2138003A5Q1M7ANOUD76\n \nNOT 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\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION\nFOR IMMEDIATE RELEASE\n\nIG GROUP HOLDINGS PLC\nStatement regarding Chief Executive\n\nIG Group Holdings plc (the \"Company\") announces that following a short period of medical leave, June Felix has agreed with the Board that due to her health situation she will step down from her position as CEO and director of the Company immediately and cease employment with effect from 29th September.\nThe Board has appointed Russell Reynolds to undertake a comprehensive search process and expects to appoint a permanent CEO in the coming months. In the meantime, Charlie Rozes will continue in his current role as Acting CEO and Chief Financial Officer.\nMike McTighe, Chair of IG Group, commented: \"On behalf of the Board, I would like to extend our best wishes to June as she continues her recovery. We thank her for the significant contribution she has made over the past eight years as a board member and especially as Group CEO for almost five years. During her tenure as CEO the company has successfully pursued a strategy to diversify the business while at the same time strengthening its core OTC business resulting in a doubling of the Group's revenue and profit over the period.\"\nJune Felix added: \"It has been a great privilege to build and lead such a talented, ambitious group of people as the CEO of IG Group for nearly five years. It has been through everyone's collective effort that we have built a stronger, more diverse company. For this, I thank my executive team, all of my colleagues and the Board of IG Group for an unforgettable period.\"\nAs previously announced, IG Group will provide a Q1 trading update at 7am BST on 14th September 2023.\nContact information\n\n\n\n\nIG Group Investor Relations\n\n\nIG Group Press\n\n\nFTI Consulting\n\n\n\n\nMartin Price\n020 7573 0020\n \nSimon Wright\n020 7573 0099\[email protected]\n\n\nAngela Warburton\n020 7633 5382\n \nAlayna Francis\n020 7633 5395\[email protected]\n\n\nNeil Doyle\n07771 978 220\n \nKatherine Bell\n079 7687 0961\[email protected]\n\n\n\n\n \n ...