UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) today confirmed that following the announcement on 8 December 2022, Dan Olley will join the business as Chief Executive on Monday 7 August 2023.

He will remain on the HL Board, but in his new capacity as an Executive Director, from the same date.

Chris Hill will step down as Chief Executive and from the Board, with effect from Monday 7 August 2023, and thereafter will support HL until November 2023 to provide continuity and ensure an orderly transition.

Mr Olley is a globally renowned technology leader, having delivered transformational change and growth, including scaling platform businesses internationally. He brings cutting-edge strategic, digital and operational expertise and is uniquely placed to lead the ongoing execution of HL’s strategy, given his non-executive director role on the Board since June 2019.