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Man Group plc confirmed on 17 September 2021 that previously announced senior management and Board changes will take effect on 1 October 2021 following regulatory approval. Mark Jones will transition from Chief Financial Officer to Deputy Chief Executive Officer, and Antoine Forterre, Co-CEO of Man AHL, will assume the CFO role and be appointed as an Executive Director of the Company.
| Date | 17 Sept 2021 |
| Time | 15:00:05 |
| Category | Board changes |
| ID | 1940M |
Man Group plc
17 September 2021, London
On 11 June 2021, Man Group plc (the "Company") issued an RNS announcement, which included the following changes to its senior management and Board positions:
· Mark Jones, Chief Financial Officer ("CFO"), will be taking on the new role of Deputy Chief Executive Officer for Man Group (the "Group") with responsibility for Man AHL, Man Numeric and the Group's technology functions. Mark will take on his new role and step down from the Company's Board following the appointment of the new CFO; and
· The Board intends to appoint Antoine Forterre, currently Co-CEO of Man AHL, as the Group's CFO and as an Executive Director of the Company. Subject to regulatory approval, he will assume the CFO role and be appointed to the Board following an orderly transition from Mark Jones.
Following regulatory approval the Company is pleased to confirm that the above changes will take effect on 1 October 2021.
This announcement is made in compliance with the Company's obligations under Listing Rule 9.6.11.
The Company confirms that no other disclosures are required pursuant to Listing Rule 9.6.13R.
Information equivalent to that required under section 430(2B) of the UK Companies Act 2006 will be made available on the Company's website.
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Enquiries
Man Group
Karan Shirgaokar
Director, Investor Relations
+44 20 7144 1434
Elizabeth Woods
Company Secretary
+44 20 7144 1733
Georgiana Brunner
Head of Communications
+44 20 7144 1239
About Man Group
Man Group is a global, technology-empowered active investment management firm focused on delivering alpha and portfolio solutions for clients. Headquartered in London, we manage $135.3bn1 and operate across multiple offices globally.
We invest across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. Our investment teams work within Man Group's single operating platform, enabling them to invest with a high degree of empowerment while benefiting from the collaboration, strength and resources of the entire firm. Our platform is underpinned by advanced technology, supporting our investment teams at every stage of their process, including alpha generation, portfolio management, trade execution and risk management.
Our clients and the millions of retirees and savers they represent are at the heart of everything we do. We form deep and long-lasting relationships and create tailored solutions to help meet their unique needs. We recognise that responsible investing is intrinsically linked to our fiduciary duty to our clients, and we integrate this approach broadly across the firm.
We are committed to creating a diverse and inclusive workplace where difference is celebrated and everyone has an equal opportunity to thrive, as well as giving back and contributing positively to our communities. For more information about Man Group's global charitable efforts, and our diversity and inclusion initiatives, please visit: https://www.man.com/corporate-responsibility
Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at: www.man.com
1 As at 30 June 2021. All investment management and advisory services are offered through the investment engines of Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets (GPM).