Chair retirement and succession

1st May 2025 07:00

RNS Number : 9066G
Jupiter Fund Management PLC
01 May 2025
 

 

PRESS RELEASE | 1 MAY 2025 - FOR JOURNALISTS AND MEDIA REPRESENTATIVES ONLY

 

Chair retirement and succession

 

Jupiter Fund Management plc (Jupiter or the Company)

 

 

David Cruickshank, Jupiter's Chair, has informed the Company of his intention to retire from the Board later this year. To allow for an orderly handover, David will remain in role until a new Chair has been found, but he will not stand for re-election at Jupiter's 2026 AGM.

 

The Company will therefore commence a search for a new Chair, in line with the Nomination Committee's succession planning. The search will be led by Suzy Neubert, Senior Independent Director.

 

Accordingly, the resolutions being put to shareholders at our forthcoming AGM taking place on 8 May 2025 are unchanged and remain as stated in our Notice of Meeting.

 

David Cruickshank said:

 

"It has been a privilege to act as Chair for Jupiter, to lead the Board, and to support Matt and his leadership team with the progress they have made towards our strategic objectives."

 

On behalf of the Board, Suzy Neubert, Senior Independent Director, said:

 

"David has provided great service and support to the Board during his tenure at Jupiter, first as chair of the Audit and Risk Committee and latterly as our Board Chair, and we thank him for all his efforts. Under David's leadership, we have made significant strategic progress and we are focused on appointing a successor who can continue to build on this momentum."

 

Matthew Beesley, Chief Executive Officer, said:

 

"I and my fellow Board members thank David for his guidance and support through the last four years and wish him well with his other commitments. He leaves Jupiter and the Board well positioned to take advantage of the opportunities that lie ahead."

 

 

-ENDS-

 

For further information, please contact:

 

Media:

 

Victoria Howley 0203 817 1657 [email protected]

 

Andrew Wilde 07786 022 022 [email protected]

 

Investors:

Alex James 0203 817 1636 [email protected]

 

 

Important Information:

The information contained in this market commentary is intended solely for members of the media and should not be relied upon by private investors or any other persons to make financial decisions.

This communication, including any data and views in it, is not a financial promotion as defined in MiFID II. It does not constitute an invitation to invest or investment advice in any way. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.

Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested.

The views expressed are those of the Fund Manager at the time of writing, are not necessarily those of Jupiter as a whole and may be subject to change. This is particularly true during periods of rapidly changing market circumstances.

Issued in the UK by Jupiter Asset Management Limited, registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ is authorised and regulated by the Financial Conduct Authority. Issued in the EU by Jupiter Asset Management International S.A. registered address: 5, Rue Heienhaff, Senningerberg L-1736, Luxembourg which is authorised and regulated by the Commission de Surveillance du Secteur Financier.

 

 

 

 

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