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Kalkine Media ASX Share Market News & Research

Close Brothers (LSE:CBG) CEO Adrian Sainsbury Takes Temporary Medical Leave; Mike Morgan Assumes Responsibilities

September 16, 2024 08:25 AM BST | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
Close Brothers (LSE:CBG) CEO Adrian Sainsbury Takes Temporary Medical Leave; Mike Morgan Assumes Responsibilities
Image source: © Leowolfert | Megapixl.com

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Close Brothers Group plc (LSE:CBG) has announced that its Group Chief Executive, Adrian Sainsbury, is taking a temporary medical leave of absence. During his absence, the company has implemented a robust cover arrangement to ensure the uninterrupted execution of its business strategy.

Interim Leadership Structure

Mike Morgan, the Group Finance Director, will step in to assume Sainsbury’s principal responsibilities during this period. Morgan will be supported by the Group's Chairman, Mike Biggs, along with other senior management team members, ensuring seamless leadership and strategic continuity for Close Brothers.

Full-Year Results to Proceed as Scheduled

The company confirmed that the scheduled announcement of its full-year financial results will go ahead as planned on Thursday, 19 September. Mike Morgan will lead the presentation of the results, as the Group continues to maintain its focus on financial performance and strategic goals.

 

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