IG Group appoints June Felix as CEO
June Felix brings to the role over 25 years’ experience in both the finance and digital technology sectors.
About a month after IG Group Holdings plc (LON:IGG) announced that Peter Hetherington will step down as CEO of the Group, the electronic trading major has unveiled the name of its new CEO.
Today, IG announces the appointment of June Felix as Chief Executive Officer of the Group and as an executive director on the Board of IG. The appointments are effective immediately.
Until the recent sale of Verifone Inc., Ms Felix was President of Verifone Europe and Russia with responsibility for the operation of the business throughout those territories. Prior to her role at Verifone, she held various executive management positions at a number of large multi-national businesses. These include Citibank where she was Managing Director of Global Healthcare Citi Enterprise Payments, and IBM Corporation where she was Global General Manager for the global Banking and Financial Markets industry sector. June has also worked as a strategy consultant at Booz, Allen & Hamilton, in strategy roles at Chase Manhattan Bank, and as CEO of Certco, a risk management technology firm.
June Felix has also served as a non-executive director of the Group since September 2015.
Ms Felix was selected as CEO following an extensive succession planning process that assessed external and internal candidates supported by Russell Reynolds and Korn Ferry.
Andy Green, Chairman of IG, said:
“The Board is delighted to appoint June Felix as CEO of the Group. She brings to the role over 25 years’ experience in both the finance and digital technology sectors, and she has a deep understanding of our business.
“June has a strong track record in strategy and product innovation and has successfully developed businesses of varying scales in the USA, Asia and Europe. Her broad experience makes her ideally suited to take IG forward.”
June Felix commented:
“I am honoured to be asked to lead a business with such tremendous people and technology and with such a strong client centric culture. The Group’s business is well positioned to continue to successfully navigate the impact of regulatory change and I am excited about working closely with the highly experienced executive team at IG in the continued delivery of that programme.
“Drawing on my experience of financial services firms globally, I look forward to leading the evolution of the Group’s strategy to deliver sustainable growth and attractive shareholder returns.”