Jupiter Fund Management PLC Directorate Change (8744Y)
14 May 2019 - 4:01PM
UK Regulatory
TIDMJUP
RNS Number : 8744Y
Jupiter Fund Management PLC
14 May 2019
Jupiter Fund Management plc
Director Change
Jupiter Fund Management plc ("Jupiter" or the "Company") is
pleased to announce the appointment of Wayne Mepham as Chief
Financial Officer ("CFO") subject to customary regulatory
approvals. Wayne will take up the role on September 2(nd) 2019 and
will also join the Company's Board and Executive Committee.
Wayne is a qualified Chartered Accountant with over 23 years'
experience in the financial services sector. He is currently the
Global Head of Finance at Schroders plc, the FTSE 100 asset
management group, where he has worked for the past nine years.
Prior to Schroders, Wayne held a number of senior roles at PwC
where he worked with many of the firm's asset management, insurance
and banking clients.
This appointment is made following the announcement in February
2019 of Charlotte Jones' intention to step down from her role to
take up the position of CFO at RSA Insurance Group plc. Charlotte
will remain with Jupiter until 30 July 2019.
Andrew Formica, Chief Executive of Jupiter, commented: "I am
very pleased that Wayne is joining us. He has a long and successful
track record in financial services and in particular, has deep
experience of the asset management industry from both a domestic
and global perspective. He is a strong leader with a wide range of
relevant expertise including technical accounting, regulation and
commercial development and I have no doubt that he will be an
excellent addition to our team.
"I would also like to thank Charlotte and the rest of the
finance team for their continued efforts, particularly in helping
plan for a smooth transition to her successor."
Wayne Mepham added: "I am very excited by this opportunity.
Jupiter has a great team, clear strategic direction and an
incredibly strong brand, but with significant potential to grow its
franchise further, and I very much look forward to getting
started."
There is no information required to be disclosed in accordance
with Listing Rule 9.6.13R
For further information please contact:
Media
Jupiter Kate O'Neill Despina Constantinides
+44 (0)20 3817 1196 +44 (0)20 3817 1278
Powerscourt Victoria Palmer-Moore
+44 (0)20 7324 0493
Investors
Jupiter Alex Sargent Kate O'Neill
+44 (0)20 3817 1534 +44 (0)20 3817 1196
LEI Number: 5493003DJ1G01IMQ7S28
Notes
Employment terms for Wayne Mepham
Wayne will be paid in accordance with the Directors'
Remuneration Policy approved by shareholders on 16 May 2018. His
remuneration as an Executive Director and Chief Financial Officer
of the Company will consist of:
Annual Salary: GBP300,000
Pension: 15% (or cash equivalent rounded down for employer's
National Insurance)
Bonus: maximum opportunity 250% of salary
LTIP: maximum opportunity 225% of salary
Buyout of various compensation forfeited on resignation from
Schroders. Full details will be disclosed in the 2019 Directors'
Remuneration Report
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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