An update from Rathbones Group PLC ( (GB:RAT) ) is now available.
Rathbones Group PLC has announced the retirement of its Group Chief Executive, Paul Stockton, effective 30th September 2025, after a 16-year tenure. He will be succeeded by Jonathan Sorrell, who will join as CEO designate on 1st July 2025, pending regulatory approval. Under Stockton’s leadership, Rathbones grew its FUMA from £9 billion to £109 billion and successfully integrated Investec Wealth & Investment (UK). The board expressed confidence in Sorrell’s leadership abilities, highlighting his extensive experience in the investment management industry and his strategic vision for the company’s future.
More about Rathbones Group PLC
Rathbones Group PLC is a leading wealth management firm in the UK, providing investment management services and focusing on growing its funds under management and administration (FUMA). The company has expanded significantly under the leadership of its outgoing CEO, Paul Stockton, and has recently integrated with Investec Wealth & Investment (UK).
YTD Price Performance: -1.93%
Average Trading Volume: 54,973
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.71B
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