Hargreaves Lansdown CEO Gorham to step down in 2017

To be replaced by Chris Hill

Hargreaves Lansdown's chief executive Ian Gorham has announced plans to step down from his role next year, with Chris Hill becoming his successor.

Gorham (pictured) is expecting to end his responsibilities as CEO no later than 30 September 2017, at which time he would have been in the role for over seven years. Hill, who is currently group chief financial officer, will become deputy CEO from 1 October this year, with the intention he will take on the role of CEO following Ian's departure, subject to regulatory approval. He joined the business in February 2016 from IG. Mike Evans, chairman, said: "Ian has done a fantastic job of leading Hargreaves Lansdown to its current position of a market leading successful FTSE 100 business, ...