Deloitte partner steps in as Hargreaves Lansdown CFO steps down

A DELOITTE PARTNER is stepping in following the resignation of Hargreaves Lansdown CFO Tracey Taylor.

Taylor, CFO of the former bedroom-run retail investment firm Hargreaves Lansdown, will leave the business next June, with Deloitte’s Simon Cleveland serving as interim CFO from today.

She joined the firm in 1999 and has held a number of operational and finance roles before being appointed CFO in 2008.

Taylor said: “Completion of the implementation of some significant regulatory changes this year has marked a very natural moment for me to look to the next challenge. I have made this decision, in no small part, with the knowledge that the business is in good shape with a talented team. It has been a pleasure to work alongside Ian for the last four years, and with the founders Peter Hargreaves and Stephen Lansdown before him. I wish Hargreaves Lansdown continued success in the future.”

Cleveland has previously served as an interim finance head of large financial institution, and is also familiar with the Hargreaves Lansdown business through previous engagements.

The firm, formed in 1981 by accountants Peter Hargreaves and Stephen Lansdown, is audited by PwC.

Ian Gorham, Hargreaves Lansdown chief executive said: “Tracey has contributed significantly to the ongoing growth and development of the group, and in transforming Hargreaves Lansdown from a private business to the FTSE100 company it is today. She has brought great insight both in her role as CFO and as a member of the leadership team. It has been a pleasure to work with her. She leaves us with our thanks for her contribution to the success of the group and our best wishes for the future.”