Walker Crips Group plc Board changes (4574O)
January 30 2019 - 2:00AM
UK Regulatory
TIDMWCW
RNS Number : 4574O
Walker Crips Group plc
30 January 2019
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Walker Crips Group plc
("Walker Crips" or the "Group")
Board changes
Walker Crips Group plc, the national investment and wealth
management group, announces that Mark Rushton has informed the
Board of his intention to resign from his position as Group
Director and Chief Investment Officer; and Chief Executive of
Walker Crips Investment Management (WCIM). Mark's directorships
will end as of 30 January 2019 before leaving the company on 28
February 2019. In the interim, Sean Lam, CEO of the Group, will
take over as CEO of WCIM.
Mark joined the Group in February 2012, transforming the WCIM
proposition, trebling AUM&A, and together with the senior
management team laying the foundations for the next development
phase of the Group.
David Gelber, Chairman of the Group, says, "On behalf of the
Board, we would like to thank Mark for his valued contribution to
the Group. He has driven the expansion of the Group through the
growth of our Investment Management business and has introduced and
implemented numerous enhancements in our offering and practices. As
Group CIO and CEO of WCIM, he was pivotal in transforming WCIM from
a commission-based business to a fee-based business and attracting
discretionary and advisory investment managers and their clients.
He has led with immense integrity and we wish Mark well for his
next challenge."
Mark Rushton says, "It has been a privilege to play my part in
the leadership of Walker Crips, a company I described 7 years ago
as a 'hidden gem' in the City. I have been blessed with fine
colleagues who will write the next chapter of the firm's story. I
am grateful to my fellow Directors, our Investment Managers and our
staff for their diligent hard work and conscientious support during
my tenure at Walker Crips."
For further information contact:
Walker Crips Group plc
Bridgette Campbell, Media
Relations +44 (0) 20 3100 8000
Cantor Fitzgerald Europe
Will Goode / Philip Davies +44 (0) 20 7894 7000
Four Broadgate
Roland Cross +44 (0) 20 3697 4200
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END
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