IG Group to increase exec director salaries for 2022 by 3%
Electronic trading major IG Group Holdings plc (LON:IGG) has just posted its annual report for the ended 31 May 2022.
The report makes it clear that salaries for the Executive Directors for 2022 will be increased by 3%. The new salaries for June Felix (CEO), Charlie Rozes (CFO) and Jon Noble (COO), which apply from 1 June 2022, are £633k, £508.5k and £422.5k, respectively.
This is below the 5.5% average increase awarded to the wider UK workforce. Similarly, the difference in the actual pay awarded and the average increase for the wider UK workforce will be diverted to lower paid employees in the same way as the increase for the Chairman and Non-Executive Director.
- June Felix, Chief Executive Officer
Ms Felix was appointed as Chief Executive Officer on 30 October 2018, having previously served as a Non-Executive Director of the Company since 4 September 2015. June has had
a successful career, growing and leading global financial services and tech companies, and living and working in Hong Kong, London and New York.
She has over 25 years’ experience in both the finance and digital technology sectors. June Felix is a Non- Executive Director of RELX PLC and also sits on the Board of Advisors of the London Technology Club. June has no other current external appointments.
Until the sale of Verifone Inc, June was President of Verifone Europe and Russia with responsibility for over 2,000 employees with the operation of the business throughout those territories. Prior to her role at Verifone, June held various executive management positions at a number of large multi-national businesses.
These included Citibank where she was Managing Director of Global Healthcare, Citi Enterprise Payments, IBM Corporation where she was Global General Manager for the Global Banking and Financial Markets industry sector, and Chase Manhattan Bank where she was APAC Region Head of GPTS. June has also worked as a strategy consultant at Booz, Allen & Hamilton, in strategy roles at Chase Manhattan Bank, and as Chief Executive Officer of Certco, a risk management technology firm for global broker dealers.
- Charlie Rozes, Chief Financial Officer
Mr Rozes was appointed as Chief Financial Officer on 1 June 2020.
Charlie Rozes has a proven track record of, and accountability for, financial control and reporting, accounting, tax, M&A, investor relations, risk and compliance, and audit. He is a highly experienced finance leader having held other executive director roles in the financial services sector
prior to joining IG, and having driven a number of substantial change programmes both in the UK and internationally.
Mr Rozes began his professional career with PricewaterhouseCoopers LLP, and became a Partner in 2001 in the US management consulting practice. Following that he held senior executive roles at IBM and Bank of America. In 2007, he joined Barclays plc where he was the Chief Financial Officer of Barclays UK Retail and Business Bank, and became the Global Head of Investor Relations in September 2011 until August 2015.
He was the Group Finance Director at Jardine Lloyd Thompson plc from September 2015 until April 2019 when it was acquired by Marsh & McLennan Companies Inc.
Charlie Rozes has no current external appointments.
- Jon Noble, Chief Operating Officer
Jon Noble was appointed Chief Operating Officer on 14 June 2019 with responsibility for Trading and Operations and is a member of the Executive Committee. He also leads the business change office and chairs a number of the Company’s management committees. Jon is also a standing attendee of the Board ESG Committee, providing Executive guidance.
Mr Noble first joined IG in 2000 as a trainee dealer, rising to Dealing Director in 2007. In 2010, Jon became Dealing & Operations Director and in 2012 was appointed Chief Information Officer. In 2015, he was appointed as Head of IG’s Delivery pillar. He was appointed to the Board as Chief Information Officer on 1 June 2018.
Jon Noble has no current external appointments.