UK's Hargreaves Lansdown CFO to depart - Finance news and analysis from Global Banking & Finance Review
Finance

UK's Hargreaves Lansdown CFO to depart

Published by Global Banking & Finance Review

Posted on March 18, 2025

1 min read

· Last updated: March 18, 2025

Add as preferred source on Google

Hargreaves Lansdown CFO Amy Stirling to Step Down

(Reuters) -Hargreaves Lansdown said on Tuesday its finance chief Amy Stirling will step down after three years in the role, as Britain's largest investment platform comes closer to going private.

Earlier on Tuesday, the company received a court sanction for its 5.4 billion pound ($7.02 billion) deal with an international consortium to take the company private.

The deal by the consortium of CVC capital partners, Abu Dhabi's sovereign wealth fund and Swedish private equity firm Nordic Capital was, in terms of value, the second largest deal for a London-listed firm announced last year.

Shares of Hargreaves will be delisted from the London Stock Exchange on March 25.

Stirling, who was previously the chief financial officer of British conglomerate Virgin Group, will remain with Hargreaves for the transition period.

($1 = 0.7691 pounds)

(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Leroy Leo)

Key Takeaways

  • Hargreaves Lansdown CFO Amy Stirling will step down.
  • The company is transitioning to a private entity.
  • A £5.4 billion deal was sanctioned by the court.
  • The consortium includes CVC, Abu Dhabi fund, and Nordic Capital.
  • Shares will be delisted from the London Stock Exchange.

Frequently Asked Questions

What is the main topic?
The main topic is the departure of Hargreaves Lansdown's CFO Amy Stirling as the company transitions to private ownership.
Who is involved in the deal?
The deal involves CVC Capital Partners, Abu Dhabi's sovereign wealth fund, and Nordic Capital.
When will Hargreaves Lansdown be delisted?
Hargreaves Lansdown will be delisted from the London Stock Exchange on March 25.

Related Articles

More from Finance

Explore more articles in the Finance category