Directorate Change
Tom Griffith to leave as Chief Executive Officer by July 2025; succession process underway.
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City of London (LSE: CLIG): The Board announces that Tom Griffith will leave the Board and his role as Chief Executive Officer by July 2025. The Board and the Company are involved in a planned succession process and further information will be forthcoming.
Rian Dartnell, Chairman of CLIG, commented:
"On behalf of the Board, I would like to express our deep appreciation to Tom for his contributions. We anticipate a smooth transition with CLIG's executive team working with Tom over a number of months."
The Company reconfirms its 22 April 2025 Trading Update and looks forward to providing further details on its continued positive fourth-quarter trading performance in the upcoming year-end update, expected on 24 July 2025.
The individual responsible for releasing this announcement on behalf of the Company is Rian Dartnell, Chairman.
City of London Investment Group PLC (LSE: CLIG) is an established asset management group listed on the London Stock Exchange, consisting of two wholly owned subsidiaries, City of London Investment Management Company, Limited and Karpus Investment Management.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.