Business
Man Group appoints next CEO
Man Group appoints next CEO.
About this update from Man Group Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE\n \nMan Group plc\n(\"Man Group\" or \"the Company\")\n \nMan Group appoints Robyn Grew as next CEO as Luke Ellis announces retirement\n \nLondon, 11 May 2023 - Man Group, the global, technology-empowered active investment management firm, today announces that Luke Ellis has informed the Board of his decision to retire and that Robyn Grew will be appointed as the next CEO of Man Group.\n \nRobyn is currently President of Man Group and a member of the Senior Executive Committee, based in the US. She has significant operational and financial services experience as well as a strong track record of demonstrating strategic vision and leadership. During her 14 years at Man Group, Robyn has managed the solutions business, overseen trading and execution as well as acted as Group COO, Head of ESG and General Counsel. Her wide-ranging responsibilities, spanning from investment divisions, risk and technology to legal, infrastructure and operations, have provided her with broad experience and a deep understanding of the business. She has been integral to the firm's global strategic expansion and oversaw the reorganisation of Man Group's corporate structure in 2019 to better align it with the global footprint of the business. She has also spearheaded the firm's diversity programme, Drive.\n \nBefore joining the firm in 2009, Robyn held senior positions at investment banks Barclays Capital and Lehman Brothers as well as at LIFFE, the largest futures and options exchange in London - since renamed the ICE Futures Europe. These roles saw her based for periods of time in New York, London and Tokyo giving her broad, global experience.\n \nRobyn will take over from Luke as CEO as of 1 September 2023, at which time she will also join the Man Group Board as an executive director. While she will relocate to the UK following her appointment, she will continue to spend a substantial proportion of her time in the US, given the firm's presence there. Luke will continue as CEO and remain an executive director of the Company until 1 September 2023 to ensure an orderly transition and oversight of the Company's 2023 interim results.\n \nIn line with best practice and its roles and responsibilities, the Nomination Committee of the Board has continually reviewed and discussed Board a...