H&T Group announces Board member Chris Gillespie as CEO designate

– UK, Sutton –  H&T Group plc (LON: HAT) today announced the appointment of Chris Gillespie as CEO effective on 1st January 2021, succeeding John Nichols who will retire on 31 December 2020, after nearly 24 years’ service.

Chris Gillespie has recently joined the board of directors of the company. John Nichols will remain as a consultant for six months thereafter.

Peter McNamara, H&T chairman, said: “John executed a management buyout of the firm in September 2004 and was instrumental in its subsequent successful flotation onto the AIM market. At the time of the flotation we had 69 branches, and now we are at 252 branches which is a testament to John’s drive and effort. We have over that time become the leading pawnbroker in the UK under his leadership.”

“Much of what the business has achieved has been as a result of John’s close understanding of the business, his belief in the longevity and resilience of our core business activity as well as his working relationships with the branch colleagues. Together their contribution has been key to the success of H&T where others in the sector have often not prospered.”

“On behalf of the board and everyone at H&T, I offer John our congratulations upon his retirement. We wish him a long, healthy and doubtless very active retirement.”

For more information: http://www.handt.co.uk/

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