Charlie Rozes to leave IG Group
Electronic trading major IG Group Holdings plc (LON:IGG) announces that Charlie Rozes will be stepping down from his role of Chief Financial Officer (CFO) and leaving the company to pursue other opportunities.
Charlie Rozes will remain as CFO and Executive Director of IG until 31 July 2024 to ensure a smooth transition. The process to identify his successor is underway and further updates will be made in due course.
Charlie Rozes was appointed as IG CFO on 1 June 2020 and has a proven track record in financial control and reporting, accounting, tax, M&A, investor relations, risk and compliance, and audit. He is a highly experienced finance leader having held executive director roles in the financial services sector and led substantial change programmes in the UK and internationally.
Mr Rozes began his professional career with PricewaterhouseCoopers LLP, becoming a Partner in 2001 in the US management consulting practice, followed by senior executive roles at IBM and Bank of America. In 2007, he joined Barclays plc as Chief Financial Officer of Barclays UK Retail and Business Bank and was Global Head of Investor Relations from 2011 to 2015, and Group Finance Director at Jardine Lloyd Thompson plc from 2015 to 2019.
Charlie Rozes has an undergraduate degree from Tufts University and an MBA from the Southern Methodist University.
In addition, Jon Noble, Chief Operating Officer (COO), will be leaving his role as Executive Director with immediate effect but remaining with the business for a short period to ensure an orderly transition. Jon Noble joined IG in 2000 and has served on the Board since 2018.
Mike McTighe, Chairman, said:
“We are grateful to Charlie and Jon for their service on the Board and as part of the executive management team. Charlie has made an outstanding contribution to the Company’s growth in his role as CFO and more recently as Acting CEO. We thank Jon for his long service and the pivotal role he has played in positioning IG as the global market leader in our industry. Charlie and Jon leave with our best wishes for the future.”
Breon Corcoran, CEO, said:
“Charlie and Jon have made a huge contribution to IG’s successful development and growth. I wish them every success in their next chapters.”
Charlie Rozes, CFO, said:
“I want to thank my colleagues and the Board as we executed our strategy to diversify and increase shareholder returns. I wish IG continued success for the future.”
Jon Noble, COO, said:
“It has been a privilege to work at IG for over 24 years but now is the right time for me to pursue different opportunities. I leave knowing that the Company is fundamentally strong and has an exciting future. I wish Breon and the Board every success in coming years.”
As disclosed in the Group’s Q3 trading update, total revenue and adjusted profit before tax for FY24 are anticipated to be in line with current market expectations.