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CLIG

0.34%
NEUTRAL

City of London Investment Group Announces CEO Departure

Why we think this is neutral

The RNS announcement is regarding a directorate change, specifically the departure of the CEO. This type of news is not one of the mandatory categories that would require a more detailed analysis. Therefore, the sentiment is assessed as neutral.

Key Points

  • CEO Tom Griffith to depart by July 2025
  • Planned succession process underway

Summary

The asset management firm announces the upcoming departure of its CEO, with a planned succession process underway.

City of London Investment Group PLC (LSE: CLIG) has announced that Tom Griffith will leave the Board and his role as Chief Executive Officer by July 2025. The Board and the Company are involved in a planned succession process, and further information will be forthcoming.

Key Dates

July 2025
CEO Tom Griffith to depart
GENERAL UPDATE