By Michael Susin
Hargreaves Lansdown said late Monday that it has starting a succession plan for Chair Deanna Oppenheimer, but no decision have been taken so far.
In a statement regarding press speculation, the London-listed retail-investment platform said that it has started an exercise to determine the attributes of any successor candidates as part of good governance and succession-planning practices.
Earlier in the same day, Sky News reported–citing unnamed sources–that Oppenheimer is set to step down from the role months after the retail-investment platform’s co-founder Peter Hargreaves criticized the group’s performance under her tenure.
The company said Oppenheimer is serving for the sixth year in the role.
Write to Michael Susin at [email protected]
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