FTSE-100 group Experian kicks off hunt for subsequent chairman

Experian, the FTSE-100 credit score referencing large, is kicking off a hunt for a successor to its long-serving chairman.

Sky Information understands that Experian is working with headhunters to establish a alternative for Mike Rogers, who has chaired the corporate since July 2019.

Mr Rogers has been on the corporate’s board for the reason that summer time of 2017, which means his independence shall be ‘timed out’ underneath company governance tips by July 2026.

Sources near the method mentioned a successor was unlikely to be in place till subsequent 12 months.

One of many new chair’s most urgent duties is prone to be lining up a long-term successor to Brian Cassin, Experian’s chief government since 2014.

Underneath Mr Cassin’s management, the group’s valuation has soared, and it now boasts a market capitalisation of greater than £35bn.

Experian’s world operations and robust presence within the US, have triggered hypothesis that it may observe different London-listed firms in switching its main itemizing to New York.

The shares have risen by about 14% over the past 12 months.

An Experian spokesman declined to remark.