CMC Markets announces Grant Foley to step down from BoD on June 7, 2019

Maria Nikolova

Euan Marshall, current Group Head of Finance at CMC, will assume the role of interim Chief Financial Officer.

Online trading services provider CMC Markets Plc (LON:CMCX) has earlier today provided an update regarding Grant Foley, Chief Operating and Financial Officer.

Further to the announcement from April 3, 2019 that Mr Foley, would be leaving CMC Markets to pursue other opportunities, CMC today announces that Mr Foley will be stepping down from the Board of Directors as of tomorrow, June 7, 2019.

Euan Marshall, who has held senior financial roles at CMC for seven years, and is the current Group Head of Finance at CMC, will assume the role of interim Chief Financial Officer.

Mr Foley has been with CMC for six years, having been appointed to the Board in 2013, and has been instrumental in taking the company from private to public ownership, and in guiding the Group through regulatory changes.

Back in April, Mr Foley commented:

“Having joined CMC ahead of preparations for the IPO, the business has transformed completely over the six years I have been CFO and COO. Now we have begun to see a stabilisation of client behaviour post ESMA, I feel the business is on a strong footing and it is time to hand over to someone else to take the business forward on the next leg of its journey.”

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