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EMG Man Group Plc

267.40
3.30 (1.25%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Man Group Plc LSE:EMG London Ordinary Share JE00BJ1DLW90 ORD USD0.0342857142
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.30 1.25% 267.40 267.50 267.80 268.40 264.40 265.40 2,439,664 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Agriculture Production-crops 1.21B 234M 0.1946 13.75 3.22B

Man Group plc Directorate and senior management changes (5647B)

11/06/2021 7:00am

UK Regulatory


Man (LSE:EMG)
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TIDMEMG

RNS Number : 5647B

Man Group plc

11 June 2021

Directorate and senior management changes

Man Group plc

11 June 2021, London

Man Group plc (the "Company"), announces today the following changes to its senior management and Board positions, which will take effect in the second half of the year:

-- Sandy Rattray has informed the Board of his intention to retire from his role as Chief Investment Officer. Sandy will hand over his responsibilities over the next few months and will then leave the Company during the second half of this year;

-- Mark Jones, Chief Financial Officer ("CFO"), will be taking on the new role of Deputy Chief Executive Officer for Man Group (the "Group") with responsibility for Man AHL, Man Numeric and the Group's technology functions. Mark will take on his new role and step down from the Company's Board following the appointment of the new CFO; and

-- The Board intends to appoint Antoine Forterre, currently Co-CEO of Man AHL, as the Group's CFO and as an Executive Director of the Company. Subject to regulatory approval, he will assume the CFO role and be appointed to the Board following an orderly transition from Mark Jones.

John Cryan, Chair of the Board and the Nomination Committee, commented: " On behalf of the Board, I would like to thank Sandy for his many years of outstanding service. He has played a huge part in driving our innovation and growth over that time. We welcome Mark and Antoine to their new roles as we look forward with confidence and optimism. Man Group has built a strong and deep bench of talent under Luke's leadership. Having undertaken a thorough external benchmarking exercise, the Board is pleased that we are able to promote internal talent as we continue to develop and grow our business."

Luke Ellis, CEO of Man Group, said: "I would personally like to thank Sandy for his fantastic contribution to the firm in his role as CIO and previously as CEO of Man AHL. He has been at the heart of our pursuit of excellence in investing, and the cutting-edge technology that enables it, helping make Man Group what it is today. However, the silver lining is that I am very excited by the new appointments, the calibre of the team around me and the bench strength that we have as we continue our tech-driven growth journey."

This announcement is made in compliance with the Company's obligations under Listing Rule 9.6.11.

The Company confirms that no other disclosures are required pursuant to Listing Rule 9.6.13R.

-Ends-

Enquiries

Man Group

Alex Dee

Head of Investor Relations

+44 20 7144 1370

investor.relations@man.com

Elizabeth Woods

Company Secretary

+44 20 7144 1733

company.secretarial@man.com

Georgiana Brunner

Head of Communications

+ 44 20 7144 1239

media@man.com

About Man Group

Man Group is a global, technology-empowered active investment management firm focused on delivering alpha and portfolio solutions for clients. Headquartered in London, we manage $127.0bn (1) and operate across multiple offices globally.

We invest across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. Our investment teams work within Man Group's single operating platform, enabling them to invest with a high degree of empowerment while benefiting from the collaboration, strength and resources of the entire firm. Our platform is underpinned by advanced technology, supporting our investment teams at every stage of their process, including alpha generation, portfolio management, trade execution and risk management.

Our clients and the millions of retirees and savers they represent are at the heart of everything we do. We form deep and long-lasting relationships and create tailored solutions to help meet their unique needs. We recognise that responsible investing is intrinsically linked to our fiduciary duty to our clients, and we integrate this approach broadly across the firm.

We are committed to creating a diverse and inclusive workplace where difference is celebrated and everyone has an equal opportunity to thrive, as well as giving back and contributing positively to our communities. For more information about Man Group's global charitable efforts, and our diversity and inclusion initiatives, please visit: https://www.man.com/corporate-responsibility

Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at: www.man.com

(1) As at 31 March 2021. All investment management and advisory services are offered through the investment engines of Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets (GPM).

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

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(END) Dow Jones Newswires

June 11, 2021 02:00 ET (06:00 GMT)

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