Nutmeg founder Hungerford steps down as CEO

Hungerford (pictured) will assume the role of non-executive director following a review of Nutmeg's leadership structure by the company's board. In his new role, Hungerford will focus on building the company's brand among its peer group. Stead joined Nutmeg as chief revenue officer in 2015 after a period at EDF Energy, where he sat on its B2C Executive team. In this role, he led the acquisition of new customers, customer retention, product and proposition development, digital sales and service, and all aspects of marketing. Nutmeg chairman Craig Anderson said: "We thank Nick imm...