Man Group plc today announces that Kevin Hayes has been appointed Chief Financial Officer, effective 30 March 2007. It is anticipated that Kevin Hayes will join the Board of Man Group plc in due course. Kevin Hayes joins Man Group from Lehman Brothers, where he has served in a variety of senior finance and strategy positions. His current role is Global Director of Process and Productivity based at Lehmans headquarters in New York, prior to which he served as International CFO with responsibility for Europe and Asia based in London.
Man Group plc today announces that Kevin Hayes has been appointed Chief Financial Officer, effective 30 March 2007. It is anticipated that Kevin Hayes will join the Board of Man Group plc in due course. Kevin Hayes joins Man Group from Lehman Brothers, where he has served in a variety of senior finance and strategy positions. His current role is Global Director of Process and Productivity based at Lehmans headquarters in New York, prior to which he served as International CFO with responsibility for Europe and Asia based in London.
Kevin Hayes will replace Peter Clarke who will become Chief Executive Officer of Man Group, as announced last September, also on 30 March 2007. Peter Clarke will take over from Stanley Fink who becomes non-executive Deputy Chairman of Man Group on the same date.
"We are delighted to bring on board an executive of Kevin's calibre", said Peter Clarke. "Kevin's broad experience in international finance on both sides of the Atlantic is excellent preparation for this position which will involve financial oversight across Man Group's extensive global network".
Kevin Hayes will be based in London, where Man Groups global headquarters are located.
Enquiries
Man Group plc
020 7144 1000
Peter Clarke
David Browne
Merlin
020 7653 6620
Paul Downes
07900 244888
Lachlan Johnston
07989 304356
Notes to Editors
Background on Kevin Hayes
Kevin Hayes previously spent 9 years at Ernst & Young and 12 years at Lehman Brothers, where he most recently served as Global Director of Productivity and Process Improvement at the companys global headquarters in New York City. In that key position he was responsible for a wide variety of projects aimed at raising the companys productivity levels and profitability. As such he was closely engaged with strategic decisions concerning the companys expansion worldwide. Kevin Hayes was previously based in London as International CFO for Lehmans European and Asian operations. Prior to that role, he served as Capital Markets Global Controller and Fixed Income Global Controller, based in New York. Kevin Hayes joined Ernst & Young LLP in New Zealand and then transferred to the New York office where he became a Partner in the Financial Services practice. A British citizen, Kevin Hayes was brought up and educated in New Zealand, where he studied Commerce and Law at Victoria University. He then qualified as a Barrister and Solicitor as well as a Chartered Accountant.
About Man Group plc
Man Group plc is a leading global provider of alternative investment products and solutions as well as one of the world's largest futures brokers. The Group employs over 4,000 people in 16 countries, with key centres in London, Pfaeffikon (Switzerland), Chicago and New York. Man Group plc is listed on the London Stock Exchange (EMG.L) and is a constituent of the FTSE 100 Index. Further information on the Man Group can be found at www.mangroupplc.com.
