Jayne Styles to step down from Hargreaves Lansdown’s Board of Directors

Jayne Styles will not seek re-election at the company’s forthcoming AGM.

Hargreaves Lansdown PLC (LON:HL) has earlier today announced a change to its Board of Directors, as the company has received notice from Jayne Styles, an independent non-executive director, that she does not intend to seek re-election at the company’s forthcoming Annual General Meeting on October 10, 2019. Ms Styles will step down from the Board on that date.

Jayne Styles was originally appointed in October 2015, and has indicated she wishes to step down to devote more time to her executive career.

While there is a non-executive director search process currently underway, the company does not, at this stage, plan to seek an immediate replacement for Jayne Styles as it considers the composition of the Board will remain appropriate in terms of its size, independence, and diversity.

Deanna Oppenheimer, Chair of Hargreaves Lansdown plc, comments

“It has been a pleasure to work with Jayne who has served on the Board for the last four years. On behalf of the Company, I’d like to express my gratitude to Jayne for her dedication and contribution to Hargreaves Lansdown. We wish her every success in the future.”

Jayne Styles has a wealth of relevant financial services knowledge. Until March 30, 2019 she was Chief Investment Officer at MS Amlin, where she was responsible for running their global multi-asset, multi-manager portfolios and was Chief Executive Officer of MS Amlin Investment Management Limited. At the end of March she also stepped down from the Corporation of Lloyd’s Investment Committee.

Jayne Styles has an Executive MBA from Cranfield School of Management and holds a number of professional qualifications, including Associate of the CFA Society of the UK and Fellow of the Chartered Banking Institute. She is also a qualified business coach.