UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) today issued a brief statement regarding its Chair succession.

The company said:

“The Board of HL plc notes recent press speculation regarding Deanna Oppenheimer, HL plc Chair.

Recognising that the AGM on 8 December 2023 will be her sixth as Chair of the Board, and with the CEO transition successfully underway, aligned with good governance and succession planning practices, the Board has commenced an exercise to determine the attributes of any successor Chair candidates. No decisions have been taken at this time. Further updates will be provided as and when it is appropriate to do so”.

Ms Oppenheimer was appointed to Hargreaves Lansdown’s Board in February 2018.

She has extensive board level governance and leadership experience in both public and private financial services business having worked in the industry for 35 years at Executive and Non-Executive level. Her rich executive experience includes, amongst other things, the transformation of the retail banking division at Barclays.

Ms Oppenheimer is founder of CameoWorks, a consumer focused boutique advisory firm which works with fintech businesses and other technology disrupters. She is a member of the 30% Club.