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RIV River And Mercantile Group Plc

49.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
River And Mercantile Group Plc LSE:RIV London Ordinary Share GB00BLZH7X42 ORD GBP0.003
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 49.40 50.00 51.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

River and Mercantile Group PLC Changes of Executive Directors' responsibilities (9827Z)

06/09/2018 10:08am

UK Regulatory


River And Mercantile (LSE:RIV)
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RNS Number : 9827Z

River and Mercantile Group PLC

06 September 2018

Promotion to Deputy CEO and Directorate changes

6 September 2018

LEI: 2138005C7REHURGWHW31

River and Mercantile Group PLC ("the Company") announces changes to the responsibilities of certain Executive Directors

River and Mercantile Group PLC ("the Company") today announces the promotion of James Barham to the position of Deputy CEO, in a newly created role with responsibility for all commercial business lines (covering our Solutions and Asset Management businesses).

At the same time, Jack Berry moves to a new role designed to help clients with more complex needs adopt strategies to exploit macro conditions most effectively. The development of these activities is a key Group initiative. Jack has a strong background in client engagement and originally set up our Derivatives business.

Kevin Hayes will take on leadership of the Global Solutions business. Kevin has a background in advisory and asset management businesses and is well placed to lead the business into its next phase of development. Kevin will retain his CFO responsibility on the Board. Both Kevin and Jack will now report to James.

Mike Faulkner, as CEO, will continue to concentrate on accelerating our research and development in investment strategies.

Jonathan Dawson, Chairman, said "These are very important changes for the Company that allow us to improve further our ability to support our client base, maximise the opportunities for working better together across the breadth of our business, and allow Mike to maximise the time focussing on critical investment research and development."

River and Mercantile Group PLC makes this announcement in accordance with LR9.6.11 (3)R.

Sally Buckmaster

Company Secretary

River and Mercantile Group PLC

For further information, please contact:

River and Mercantile Group PLC +44 (0)20 3327 5100

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

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(END) Dow Jones Newswires

September 06, 2018 05:08 ET (09:08 GMT)

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