Media. News and press releases from across Man Group.

28 February 2023
Man Group plc (the “Company”) announces that:
The Nomination Committee of the Board (the “Committee”) was cognisant of the fact that, in line with the UK Corporate Governance Code, John Cryan would be expected to step down from the Board by 15 January 2024, nine years after his appointment as a director of the Company. As a consequence, the Committee has been investing time identifying and considering potential successors for the Board Chair role. This included, with the assistance of an external executive search firm, a thorough preparatory external benchmarking exercise. Following recent discussions, John Cryan has now informed the Board that he intends to retire before the end of this calendar year and the Committee has recommended, and the Board has now approved, the appointment of Anne Wade as the new Chair of the Board, to take effect upon John’s retirement.
"Anne’s extensive financial services, asset management and plc Board experience made her an excellent candidate to chair Man Group’s Board. Since joining the Board in 2020, she has built strong relationships within the business, as well as with our key stakeholders, and we are looking forward to the Company’s next chapter with Anne as Chair."
"It has been a privilege and a pleasure to serve on the Man Group Board and I would like to thank my fellow Board members and the executive management team for their support throughout my tenure. I am delighted that Anne will be succeeding me as Chair and I feel confident that the Company will continue to progress from strength to strength for many, many years to come.
“I would also like to thank Kate for her excellent contributions to the Board over the past six years. We have benefited significantly from her extensive knowledge of monetary policy and public finances. We are very grateful for her insights and, on behalf of the Board, I wish her all the best.”
"It has been a pleasure to work with John over the years. He has a real breadth of corporate experience and his perspectives have been incredibly valuable to me and to the Company. On behalf of everyone at Man Group, I wish him well for the future.
“The strategy for the Company remains unchanged as we continue to strengthen our business for the benefit of our clients, shareholders and stakeholders. We are delighted that Anne will be taking on the role of Chair. She has already been a great contributor on the Board and we look forward to continuing to draw on her extensive experience in the years to come."
"I am delighted to be taking on the role of Chair, working closely with the Board and the executive team to guide Man Group through the next phase of its journey. My time on the Board has already shown me that the Company has a great culture and an abundance of talent. It is well positioned to capitalise on its investment expertise and first-class technology capabilities to deliver outperformance for our clients and excellent value to our shareholders."
Anne is currently a non-executive director of Summit Materials Inc. and a Partner at Leaders’ Quest. She was previously a non-executive director at John Laing plc and Holcim Limited and spent 17 years at Capital International where she held various senior roles within research and equity investment, with a focus on the infrastructure sector.
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