8 May 2018 15:32
EUROMONEY INSTITUTIONAL INVESTOR PLCDIRECTORATE CHANGE8 MAY 2018
Euromoney Institutional Investor PLC (Euromoney) today announces that Sir Patrick Sergeant, Non-Executive Director and founder of the Company, has informed the Board of his intention to retire from the Board on 16 May 2018. Immediately following his retirement, Sir Patrick will be appointed as the Company's Life President.
Commenting on today's announcement, David Pritchard, Acting Chairman of Euromoney said: "It has been a privilege to serve alongside Sir Patrick on our Board. Sir Patrick's entrepreneurial spirit when he founded Euromoney back in 1969 encapsulates the very reason for its success over almost five decades. Sir Patrick has served as Managing Director, Chairman and latterly Non-Executive Director. We are delighted that he has agreed to accept an appointment as Life President of the Company so that we can continue to benefit from his advice and insights. We wish him well."
Andrew Rashbass, CEO of Euromoney, added: "I would like to thank Sir Patrick for welcoming me to the Board when I joined the Company and for generously sharing his knowledge and wisdom with me since then. Euromoney is known for its entrepreneurial spirit and that started with Sir Patrick. Our Board will miss his advice as much as his company. The word irreplaceable is often over-used but in Sir Patrick's case it is true and I am therefore very happy that we will still benefit from his counsel in his new role as Life President."
ENDS
For further information, please contact:
Euromoney Institutional Investor PLC | |
David Pritchard, Chairman: | + 44 (0)20 7779 8845 |
Andrew Rashbass, CEO: | + 44 (0)20 7779 8845 |
FTI Consulting | |
Charles Palmer / Emma Hall: | +44 (0)20 3727 1400; euromoney@fticonsulting.com |
NOTE TO EDITORS
About Euromoney
Euromoney Institutional Investor PLC is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is an international business-information group covering asset management, price discovery, data & market intelligence, and banking & finance under brands including Euromoney, Institutional Investor, BCA Research, Ned Davis Research and Metal Bulletin. The group also runs an extensive portfolio of events for the telecoms, financial and commodities markets.
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