6 Sep 2018 10:08
Promotion to Deputy CEO and Directorate changes
6 September 2018
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company") announces changes to the responsibilities of certain Executive Directors
River and Mercantile Group PLC ("the Company") today announces the promotion of James Barham to the position of Deputy CEO, in a newly created role with responsibility for all commercial business lines (covering our Solutions and Asset Management businesses).
At the same time, Jack Berry moves to a new role designed to help clients with more complex needs adopt strategies to exploit macro conditions most effectively. The development of these activities is a key Group initiative. Jack has a strong background in client engagement and originally set up our Derivatives business.
Kevin Hayes will take on leadership of the Global Solutions business. Kevin has a background in advisory and asset management businesses and is well placed to lead the business into its next phase of development. Kevin will retain his CFO responsibility on the Board. Both Kevin and Jack will now report to James.
Mike Faulkner, as CEO, will continue to concentrate on accelerating our research and development in investment strategies.
Jonathan Dawson, Chairman, said "These are very important changes for the Company that allow us to improve further our ability to support our client base, maximise the opportunities for working better together across the breadth of our business, and allow Mike to maximise the time focussing on critical investment research and development."
River and Mercantile Group PLC makes this announcement in accordance with LR9.6.11 (3)R.
Sally Buckmaster
Company Secretary
River and Mercantile Group PLC
For further information, please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100