Hargreaves Lansdown (LSE:HL.)
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RNS Number : 9589W
Hargreaves Lansdown PLC
16 December 2019
Board Appointment at Hargreaves Lansdown plc
The Board of Hargreaves Lansdown plc (Group Board) is pleased to announce the appointment of John Troiano as an Independent Non-Executive Director (INED) of Hargreaves Lansdown plc and its subsidiary asset management company, Hargreaves Lansdown Fund Managers Ltd., with effect from 1 January 2020, subject to obtaining required regulatory confirmations.
John brings significant experience in investment and asset management having spent 38 years with Schroders. Over this period, John has held a wide range of roles including investment research and analysis, fund management, and has worked across both the retail and institutional divisions. As their Global Head of Distribution, John has the responsibility for the design and implementation of business strategy globally and the oversight of Schroders' sales and client service activities worldwide. John will be retiring from Schroders at the end of 2019.
John will also join the Group Board Risk Committee and the Hargreaves Lansdown Fund Managers Board as an INED, where he will provide further independent challenge and oversight.
John will seek election by our shareholders at our forthcoming AGM on 8 October 2020.
Deanna Oppenheimer, Chair of Hargreaves Lansdown plc, said "I'm delighted to welcome John to the Group Board. John brings global asset management and investment experience, adding further breadth to the knowledge base and skills of the Group Board. John's appointment to both the Group Board and the Hargreaves Lansdown Fund Managers Board reflects the ongoing focus we have in ensuring strong governance."
As at 16 December 2019, John Troiano has confirmed that he does not own shares in Hargreaves Lansdown plc.
Other than the directorships disclosed above, there are no matters required by paragraphs LR 9.6.13R (1) to (6) of the listing rules to be disclosed.
For further information please contact:
Hargreaves Lansdown +44 (0) 117 988 9967
James Found, Investor Relations
Danny Cox, Media Relations
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(END) Dow Jones Newswires
December 16, 2019 04:00 ET (09:00 GMT)