(Alliance News) - Hargreaves Lansdown PLC on Thursday said it appointed Dan Olley, the chief executive officer of customer data science firm Dunnhumby Ltd, as its CEO and executive director.
The FTSE 100-listed retail investment platform said Olley will take up the role once released from current obligations in 2023.
Olley has been an independent non-executive director at Hargreaves Lansdown since June 2019. He will step down from his current role as CEO at Dunnhumby, where Hargreaves Lansdown said he has been leading the development and implementation of a digital-first, data-driven transformation.
Prior to Dunnhumby, Olley spent 17 years at analytics company Relx PLC where he held a number of senior digital roles and helped drive its digital transformation.
Olley succeeds Chris Hill, who announced his intention on October 17 to retire after six years in the role. Until the handover, Hill will remain in place as CEO and will support Hargreaves Lansdown until November 2023 to "ensure an orderly transition".
"Having worked with Dan in a non-executive capacity over the last three years, I have been highly impressed by both his strategic insight and his depth of experience in digital transformation," Chair Deanna Oppenheimer said.
"His strong transformation leadership across complex scale businesses and experience of driving growth and client engagement through digital change is a great match for Hargreaves Lansdown as we continue to deliver on our strategy."
Hargreaves Lansdown shares were up 0.3% to 837.40 pence on Thursday morning in London.
By Jaskeet Briah, Alliance News reporter
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