Record appoints Board member Leslie Hill as new CEO

– UK, Windsor –  Record Plc (LON: REC), the specialist currency manager, announces today that after more than nine years, James Wood-Collins has agreed to step down as CEO and to leave its Board of Directors with immediate effect. Leslie Hill, Head of Client Team and a member of the Board will take over as CEO with immediate effect.

“I am pleased to announce that Leslie Hill, one of my longest-serving colleagues who joined Record in 1992, has agreed to serve as Chief Executive Officer. The Board and I look forward to Leslie implementing this strategy, and to the Company reaping the rewards of this,” said Neil Record, Chairman.

Mr Wood-Collins will remain available to assist with an orderly transition for the duration of his notice period.

Neil Record, Chairman said: “James has served Record loyally and with his utmost personal commitment for over a decade, and as Chief Executive Officer for over nine years. During that time he has stabilised the business in the wake of the financial crisis, led its subsequent development and diversification, opened new client and product markets for growth, and throughout maintained and enhanced the highest standards of probity, governance and culture. On behalf of the Board, I would like to thank him for his outstanding contribution.”

“James and the rest of the Board have agreed that a new leadership strategy will be better suited to delivering on the growth opportunities that Record is currently anticipating,” he added.

James Wood-Collins said: “It has been a great privilege to have led Record since 2010, and I am grateful to all the clients, colleagues and shareholders who have given me this opportunity. I wish them all every success in the future.”

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