Just Group Makes Interim Chief David Richardson's Role Permanent

(Alliance News) - Retirement financial services sector firm Just Group PLC on Thursday announced the appointment of Interim Chief Executive David Richardson to the full time role.

Richardson became interim CEO in April, having before that served as deputy CEO.

Chair Chris Gibson Smith commented: "The strength of our leadership team is a top priority for the board and, following a comprehensive external search, we are pleased to announce the appointment of David Richardson as our group chief executive officer.

"David's leadership is already transforming the group, and making his interim CEO role permanent is a natural step for us to take. Together with Andy Parsons' arrival as chief financial officer in the New Year this means we will have a first-class team in place to lead the group forward."

Richardson has replaced Rodney Cook, who left at the end of June.

Shares in the company were 4.6% higher on Thursday morning at 55.70 pence each.

Earlier in September, the firm reported a sharp rise in profit for the first half of 2019, rising to GBP125.3 million from GBP45.7 million. Revenue was up 40%, but the firm held off paying an interim dividend for now.