Mr. Ian Gorham, chief executive officer and executive director of Hargreaves Lansdown PLC, a UK-based provider of investment management and financial planning services has sold 715,000 shares, representing a 0.151% stake in the company.
Mr Gorham, who joined Hargreaves in September 2009, sold the shares on the 18th November, 2013 at a price of GPB11.79 (US$18.99) per share, for gross proceeds of approximately GBP8.42 million (US$13.58 million).
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Hargreaves Lansdown plc is a provider of investment management products and services to private investors in the UK.
The company reported revenue of GBP207.9 million during the fiscal year 2011 (FY2011). The company’s revenue grew at a CAGR of 20.45% during 2007- 11 with an annual growth of 30.78%.
Full Name: Mr Ian Gorham
Known as: Ian Gorham
Year of Birth: 1971
Citizenship: United Kingdom
Languages: English
Liquidity Event:
18th November 2013: Sale of 715,000 shares in Hargreaves Lansdown PLC for $13.58 million
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By GlobalDataProfile:
Born in 1971, Mr Gorham joined Hargreaves in September 2009 as chief operating officer. He previously helped build Deloitte’s financial services operations in 2003 and worked for Grant Thornton International, rising to partner and head of their UK financial services business.
