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Hargreaves Lansdown CEO Dan Olley to step down

Investment broker Hargreaves Lansdown said on Thursday that chief executive Dan Olley was leaving the firm after less than two years in the job.

Investment broker Hargreaves Lansdown said on Thursday that chief executive Dan Olley was leaving the firm after less than two years in the job.
Independent non-executive director Richard Flint will take up the role on an interim basis and Olley will remain in the job for a three-month handover period. He will also remain available to the company for a further two months.

Olley said: "Looking at what has already been delivered, and knowing what is coming over the next few months, I feel honoured to have been part of HL at such a pivotal time and set the foundations for a transformation that I feel sure will only accelerate further under HL's new ownership."

Hargreaves Lansdown agreed last year to be taken over by a consortium including private equity firm CVC Capital Partners, Abu Dhabi's sovereign wealth fund and Swedish private equity firm Nordic Capital for $5.4bn.