Share Name Share Symbol Market Type Share ISIN Share Description
Brooks Macdonald Group Plc LSE:BRK London Ordinary Share GB00B067N833 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -65.00 -2.43% 2,610.00 2,600.00 2,700.00 2,700.00 2,680.00 2,680.00 13,354 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 118.2 25.1 125.3 20.8 423

Brooks Macdonald Group PLC Appointment of Chief Executive Officer

17/05/2021 7:00am

UK Regulatory (RNS & others)

Brooks Macdonald (LSE:BRK)
Historical Stock Chart

From Jan 2021 to Jan 2022

Click Here for more Brooks Macdonald Charts.


RNS Number : 7537Y

Brooks Macdonald Group PLC

17 May 2021

17 May 2021


Appointment of Chief Executive Officer

Brooks Macdonald Group plc ("The Group", "Brooks Macdonald") announces the appointment of Andrew Shepherd as Group Chief Executive Officer, with effect from 1 July 2021, subject to regulatory approval. Andrew will begin a process of handover from the incumbent, Caroline Connellan, with immediate effect.

Andrew is currently Group Deputy CEO and CEO of the Group's International business. He brings a depth of financial services experience spanning 27 years and joined Brooks Macdonald in 2002. He has held numerous roles across Brooks Macdonald, including Group Deputy CEO since 2015, and took up his current International role in April 2019. He is also currently Chairman of the two legal entities within the International business.

Andrew will succeed Caroline Connellan who, after four years as CEO, has notified the Board of her decision to resign and leave the Group in order to become CEO of Personal Wealth at Standard Life Aberdeen plc.

Commenting on the appointment, Alan Carruthers, Chairman of Brooks Macdonald, said:

"I am very pleased to announce Andrew's appointment as Group CEO. His unrivalled experience and knowledge of the industry, and commitment to Brooks Macdonald, position him uniquely to lead the Group and build on its significant momentum. I am confident he will continue this progress and drive forward our strategic vision for Brooks Macdonald as the leading investment manager for intermediaries.

"On behalf of the Board, I would like to thank Caroline for her leadership over the past four years. She has been central to the transformation of the business, guiding it through a period of change, leaving it in a position of strength and primed for further growth. We wish Caroline well in the next stage of her career."

Andrew Shepherd, incoming Group CEO , said:

"I am delighted to be appointed Group CEO of Brooks Macdonald, the firm which has been my home for almost 20 years. The business under Caroline's leadership has gone from strength to strength, and I am excited to take the firm forward on the next stage of its growth journey.

"I take over a strongly performing and well capitalised business with highly talented people and a leading full-service investment management proposition. The business continues to deliver successfully against the strategic objectives set out last year, with momentum building. I am confident in the future prospects of the Group and look forward to working with everyone to continue both to create shareholder value and to deliver robust investment performance and outstanding service for our clients and intermediaries."

A further statement will follow with details of related Directorate changes.

This notice is released by the Group and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018) ("MAR").

Enquiries to:

 Brooks Macdonald Group plc                         www.brooksmacdonald.com 
  Andrew Shepherd, Group CEO designate                        020 7659 3492 
  Ben Thorpe, Group Finance Director 
 Peel Hunt LLP (Nominated Adviser and 
  Rishi Shah / John Welch                                     020 7418 8900 
 FTI Consulting                           brooksmacdonald@fticonsulting.com 
  Ed Berry / Laura Ewart / Katherine                   07703 330199 / 07711 
  Bell                                                387085 / 07976 870961 

Notes to editors

Brooks Macdonald Group plc, through its various subsidiaries, provides leading investment management services in the UK and internationally. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary Funds under Management of GBP15.6 billion as at 31 March 2021.

Brooks Macdonald offers a range of investment management services to private high net worth individuals, pension funds, institutions, charities and trusts. The Group also provides financial planning as well as international investment management, and acts as fund manager to a range of onshore and international funds.

The Group has twelve offices across the UK and the Channel Islands including London, East Anglia, Hampshire, Leamington Spa, Leeds, Manchester, Taunton, Tunbridge Wells, Scotland, Wales, Jersey and Guernsey.


www.brooksmacdonald.com / @BrooksMacdonald

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

May 17, 2021 02:00 ET (06:00 GMT)

1 Year Brooks Macdonald Chart

1 Year Brooks Macdonald Chart

1 Month Brooks Macdonald Chart

1 Month Brooks Macdonald Chart
ADVFN Advertorial
Your Recent History
Brooks Mac..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220120 22:56:42