St James's Place on the search for its next chief executive

The wealth manager is hunting for a replacement for Andrew Croft

Sahar Nazir
clock • 1 min read

St James’s Place (SJP) has confirmed it is speaking with several search firms as part of its long-term succession planning which includes replacing current chief executive (CEO) Andrew Croft.

The advice giant told Professional Adviser that it is in talks with head-hunter Russell Reynolds Associates to find a CEO to replace Croft as he prepares to step down after three decades with the business. Croft has worked for SJP since 1993 and served as its finance chief between 2004 and 2017 before taking over as CEO in 2018. An SJP spokesperson said: "As part of long-term succession planning, the board has regular dialogue with search firms to assess and monitor the market. This is in line with best practice corporate governance." Institutional Shareholder Services documents ea...

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