Personal Group Holdings plc today announces that Mark Scanlon has notified the Board of his intention to step down as CEO on or before 17th September 2019. After six and a half years of leading the Company, Mark has overseen a successful period during which Personal Group diversified its operations and grew in scale. A search will now begin to identify a suitable successor, ensuring an orderly handover of responsibilities.
Mark Scanlon, CEO, commented, “I am very proud of what we have achieved and would like to thank everyone who has helped to create the business we have today. The Company has diversified over recent years to include a very strong technology component and is now present in all its addressable markets. I feel that now is an opportune time to hand over to a successor, with the business in great shape and well placed for the next stage of its successful development. Lastly, I would like to thank the very strong management team and committed employees that underpin the business."
Mark Winlow, Chairman, commented, “After nearly seven years in the role, Mark is justifiably proud of the strong foundations that have been laid and the transformation of Personal Group from primarily a successful hospital cash plan insurer to the market defining Employee Services Company. The next decade promises much for Personal Group and Mark leaves the Company in strong health for the next CEO.”
This announcement contains inside information.