Marex Group (MRX) announced that Roger Nagioff has stepped down from the Group Board. Roger represented private equity investors on the Board. Before Marex’s initial public offering on Nasdaq in April 2024, private equity shareholders including JRJ Group held around 96% of Marex stock. Following the IPO and two successful secondary follow-on offerings, private equity owners now hold around 30% of Marex stock.Roger was a member of the Board for 15 years and is a founding partner of JRJ Group. A process is underway to find a new member of the Group Board. He was a member of the Risk Committee and the Remuneration Committee.
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