Intermediate Capital Group PLC Board Change (9756Z)
September 06 2018 - 4:00AM
UK Regulatory
TIDMICP
RNS Number : 9756Z
Intermediate Capital Group PLC
06 September 2018
Intermediate Capital Group plc (the "Company") - Board
Change
The Board of the Company announces that Philip Keller will
retire from his role as Chief Finance and Operating Officer during
2019.
Mr Keller, who has served as CFO since joining the Company in
2006, will remain in his role until a successor is in place so as
to ensure a smooth transition. Following his departure, he does not
intend to take up another executive position, preferring to pursue
his interests outside the City.
Kevin Parry, Chairman, said: "We are grateful to Philip for his
long service on the Board and as part of the executive management
team since 2006. During this time he has contributed significantly
to the Company's successful development and growth into a leading
specialist asset manager. Once a successor is in place, he will
leave with our thanks and best wishes for the future."
Benoit Durteste, Chief Executive, said: "ICG is in excellent
health and on track for another strong set of results. I have been
grateful for Philip's wise counsel, particularly in the six years
we have served together as senior management of the Company and I
wish him well for his future outside executive life."
Philip Keller said: "It has been a privilege to work at ICG and
it is now the right time for me to further my musical studies and
broader charitable interests. The Company is well-positioned to
achieve its future strategic goals and I look forward to helping my
colleagues deliver value for clients and shareholders in the coming
months through the smooth transition to my successor."
The Company's performance and outlook remain in line with
previous guidance given to the market. A further announcement in
respect of succession to the CFO role and the timing of Mr Keller's
departure will be made in due course.
Contacts:
Alicia Wyllie
Corporate Communications, ICG plc
D: +44 (0) 20 3201 7994
M: +44 (0) 7808 610 080
Alicia.wyllie@icgam.com
Ian Stanlake
Investor Relations, ICG plc
D: +44 (0) 20 3201 7880
ian.stanlake@icgam.com
Andy Lewis
Company Secretary, ICG plc
D: +44 (0) 20 3201 7754
andrew.lewis@icgam.com
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END
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