The co-founder of Hargreaves Lansdown became a shareholder of Ravenscroft in December 2012, was appointed as non-executive director in September 2015 and became chairman in June 2017.
He will remain the investment company’s majority shareholder but has decided to retire from the board, and all related committees, to concentrate on his sporting interests in Bristol, his conservation work in Africa and spend more time with his family.
He will be replaced by Dominic Jones at the AGM on 24 June. Mr Jones has been involved with the Ravenscroft group as a Director since 2008 and joined the Ravenscroft Holdings board in 2014. Mr Jones is the CEO of his family business JPRestaurants and has been an executive director since 2010.
“It’s an honour to be appointed as chairman of Ravenscroft as we continue to grow the business,” said Mr Jones. “It’s almost unrecognisable as the business I joined as non-executive director in 2008.”
Mr Lansdown’s retirement from the board will see Richard Collenette join with immediate effect as a non-independent Non-Executive director to represent the interests of the Lansdown family office Pula Limited. Mr Collenette, who is a qualified accountant, joined Pula in 2016 as Chief Financial Officer and was promoted to Chief Executive Officer three years later.
Ravenscroft has also announced the appointment of Mary Theresa Kingston as an independent Non-Executive Director focussing on marketing and client communication. Ms Kingston, who lives in Bristol, spent three decades at Hargreaves Lansdown after joining the company as its first fulltime employee. She stood down from her role as marketing director of Hargreaves Lansdown in 2013 and will join the Ravenscroft board with effect from 1st June 2021.
Pictured top: Stephen Lansdown is retiring in June.