Ian Gorham named new Hargreaves CEO

Gorham has been appointed deputy CEO and will, subject to FSA approval, become chief executive following Hargreaves' anticipated exit in the autumn. Peter Hargreaves, who co-founded the business with Stephen Lansdown in 1981 and who was last weekend named the 111th richest person in Britain and Ireland by The Sunday Times, will remain an executive director. Prior to joining the business last year, Gorham helped build Deloitte's financial services operations and was head of Grant Thornton's UK financial services business. Hargreaves, who qualified as a chartered accountant, had...