IG Group’s CEO June Felix purchases 17,000 shares

Online trading major IG Group Holdings plc (LON:IGG) has reported recent transactions in its shares by its management.

Following the announcement of the appointment of June Felix as Chief Executive Officer of IG Group on October 30, 2018, the broker confirms that it was notified on October 30, 2018 and October 31, 2018 of transactions carried out in respect of the Company’s ordinary shares of 0.005p each by June Felix, Chief Executive Officer and Andy Green, Chairman of the Company respectively.

Details of the transactions can be viewed in the table below:

IG’s new CEO has extensive international experience and knowledge of the digital sector, as well as experience in strategy, product innovation and delivery. Before being appointed as Chief Executive Officer, she served as a Non-Executive Director at IG from September 2015 to October 2018.

Prior to becoming CEO of IG, Ms Felix was the President of Verifone Europe and Russia, with responsibility for the operation of the Verifone business throughout those territories.

She has held a variety of 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 led their global Banking and Financial Markets business. Ms Felix was also a strategy consultant at Booz, Allen & Hamilton. She started her career at P&G in brand management marketing.

Ms Felix’s appointment as IG’s CEO was announced about a month after the Group said Peter Hetherington will step down as CEO of the Group, after having spent over 24 years at IG. Back in September, when his departure was unveiled, Mr Hetherington commented that “There is a great deal of change underway in the retail trading industry and I have every confidence that this team will continue to drive the business forward successfully in the future”.