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CMCX

1.18%
NEUTRAL

CMC Markets Announces Board and Directorate Changes

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. The announcement is focused on board and directorate changes, which are typically neutral in nature and do not directly impact the company's financial performance or outlook.

Key Points

  • David Fineberg to transition to new role of Global Head of Strategic Partnerships
  • Matthew Lewis to step down from Board to focus on expanding the Group's footprint in ANZ region
  • Laurence Booth appointed to the Board as an Executive Director
  • James Richards to step down as Non-Executive Chairman, with Paul Wainscott to succeed him

Summary

The financial services company announces changes to its Board of Directors and senior leadership team.

CMC Markets plc (LON:CMCX) today announces several changes to its Board of Directors and senior leadership team. David Fineberg, currently Deputy Chief Executive Officer and Board Director, will transition into a new role of Global Head of Strategic Partnerships. Matthew Lewis, currently Head of ANZ and Board Director, will also step down from the Board. The Board has appointed Laurence Booth to the Board as an Executive Director, effective 5 June 2025. Additionally, James Richards, Non-Executive Chairman, will step down at the 2025 AGM, with Paul Wainscott, currently Senior Independent Director, set to succeed him as Chairman.

Key Dates

5 June 2025
Laurence Booth appointed to the Board as an Executive Director
2025 AGM
David Fineberg and Matthew Lewis to step down from the Board
GENERAL UPDATE