Hargreaves Lansdown Regulatory News (HL.)

18th May 2017

Mike Evans to step down as Chairman

Hargreaves Lansdown plc ("Hargreaves Lansdown", the "Group") announces that Mike Evans has informed the Board of Hargreaves Lansdown of his intention to step down as Chairman of the Group when a successor is identified. A sub-committee of the Nominations Committee has commenced this process and Mike will continue to chair the Board until such an appointment is effective.

Mike joined the Board as a non-executive director in September 2006 and became Chairman in December 2009. 

Mike said: "Chairing Hargreaves Lansdown over the past eight years has been a real privilege. I have seen the Group grow significantly and establish itself as the UK's leading retail savings and investments platform. I believe the Group is exceptionally well positioned for the next phase of growth under the leadership of Chris Hill and I am immensely grateful to my fellow board members, the founders and all of my colleagues at Hargreaves Lansdown for their support during my tenure as Chairman."

Chris Hill, Chief Executive Officer of Hargreaves Lansdown, said: "Under Mike's guidance, the Group has become a successful FTSE 100 business combining strong client focus with high service standards. I'm grateful for Mike's insight and contribution to this journey and wish him well going forward." 

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