Record PLC Change of Leadership (9759C)
13 Febbraio 2020 - 06:05PM
UK Regulatory
TIDMREC
RNS Number : 9759C
Record PLC
13 February 2020
The information contained within this announcement is deemed by
the Company to constitute inside information as defined by the
Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the
publication of this announcement via Regulatory Information
Service, this inside information is now considered to be in the
public domain.
13 FEBRUARY 2020
RECORD PLC
CHANGE OF LEADERSHIP
Record plc ("Record" or the "Company"), the specialist currency
manager, announces today a change in its senior executive
leadership. As a result of this change, after a tenure of more than
nine years, James Wood-Collins has agreed to step down as Record's
Chief Executive Officer and to leave its Board of Directors with
immediate effect. Leslie Hill, Record's Head of Client Team and a
member of the Board, will take over as Chief Executive Officer with
immediate effect. Mr Wood-Collins will remain available to assist
with an orderly transition for the duration of his notice
period.
Commenting on these changes, Neil Record, Chairman of Record
plc, said: "James has served Record loyally and with his utmost
personal commitment for over a decade, and as Chief Executive
Officer for over nine years. During that time he has stabilised the
business in the wake of the financial crisis, led its subsequent
development and diversification, opened new client and product
markets for growth, and throughout maintained and enhanced the
highest standards of probity, governance and culture. On behalf of
the Board, I would like to thank him for his outstanding
contribution."
"James and the rest of the Board have agreed that a new
leadership strategy will be better suited to delivering on the
growth opportunities that Record is currently anticipating. As such
I am pleased to announce that Leslie Hill, one of my
longest-serving colleagues who joined Record in 1992, has agreed to
serve as Chief Executive Officer. The Board and I look forward to
Leslie implementing this strategy, and to the Company reaping the
rewards of this."
James Wood-Collins said: "It has been a great privilege to have
led Record since 2010, and I am grateful to all the clients,
colleagues and shareholders who have given me this opportunity. I
wish them all every success in the future."
No other changes to the composition of Record's Board of
Directors are currently contemplated. As a long-standing member of
Record's Board, there are no other disclosures in respect of Ms
Hill required under Listing Rule 9.6.13. Record will announce its
fourth quarter trading update on 17 April 2020 and its financial
results for the year ending 31 March 2020 on 19 June 2020.
For further information, please contact:
Record plc +44 1753 852 222
Neil Record - Chairman
Leslie Hill - Chief Executive Officer
Buchanan +44 20 7466 5000
Giles Stewart record@buchanan.uk.com
Victoria Hayns
Henry Wilson
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOATJMRTMTMBBIM
(END) Dow Jones Newswires
February 13, 2020 12:05 ET (17:05 GMT)
Grafico Azioni Record (LSE:REC)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Record (LSE:REC)
Storico
Da Mar 2023 a Mar 2024