Hargreaves Lansdown CEO Gorham to Quit by End of September 2017

Hargreaves Lansdown Chief Executive Officer Ian Gorham will step down by the end of September next year, the overseer of 61.7 billion pounds ($82.8 billion) said in a statement.

Gorham, 44, has led the asset manager since September 2010. Chris Hill, the 45-year-old group chief financial officer, will become deputy CEO from Oct. 1 and is expected to replace Gorham following his departure.

“The board’s preference is to promote from within if at all possible and a clear requisite is a proven individual who can demonstrate a keen understanding of the culture and values of the firm,” Hargreaves Lansdown said in the statement.

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