A decade after stepping down as director, Peter Hargreaves, co-founder of Hargreaves Lansdown (HL), is set to rejoin the board of the investment platform as it prepares to go private.
According to reports from the Financial Times, Hargreaves has nominated himself for a non-executive role and launched a bid for his son, Robert, to become a board observer. People familiar with the matter explained that Hargreaves, who co-founded the retail investment site in 1981, is expected to take on his role in the coming weeks. Meanwhile, Robert Hargreaves will attend board meetings, but not have voting rights. Peter Hargreaves' move back towards the running of the company he set up alongside Stephen Hargreaves follows his repeated lambasting of HL's former management for ...
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