Hargreaves Lansdown chair rumoured to have resigned under pressure

Reports are circling regarding Deanna Oppenheimer's position

Elliot Gulliver-Needham
clock • 1 min read

Hargreaves Lansdown chair Deanna Oppenheimer has stepped down from her role after pressure from co-founder Peter Hargreaves, reports say.

Hargreaves, who owns a 20% stake in the company he founded alongside Stephen Lansdown in 1981, left the board in 2015. He recently lashed out at the chair over the performance of the firm. "Look at the performance of the company while Deanna Oppenheimer has been chair — it has diabolical. She has presided over a disaster," Hargreaves said in October last year. Sky News  has now reporter that the firm has begun working with headhunters to replace the outgoing chair. In October, Oppenheimer was re-elected with 66.5% of the vote at the firm's annual general meeting, after Hargreaves p...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

What does 2026 hold for investment?

What does 2026 hold for investment?

‘The disruptors of yesterday are now the establishment’

Jen Frost
clock 17 December 2025 • 3 min read
FCA launches trio of crypto consultations as UK interest nears tipping point

FCA launches trio of crypto consultations as UK interest nears tipping point

Consumer protection and innovation

Patrick Brusnahan
clock 16 December 2025 • 2 min read
Cryptoasset legislation in UK to come into force in 2027

Cryptoasset legislation in UK to come into force in 2027

Consumer protection

Cristian Angeloni
clock 15 December 2025 • 1 min read