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Experian, the FTSE-100 credit score referencing big, 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 season of 2017, that 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 yr.
One of many new chair’s most urgent duties is more likely to be lining up a long-term successor to Brian Cassin, Experian’s chief government since 2014.
Below Mr Cassin’s management, the group’s valuation has soared, and it now boasts a market capitalisation of greater than £35bn.
Experian’s international operations and robust presence within the US, have triggered hypothesis that it might observe different London-listed corporations in switching its major itemizing to New York.
The shares have risen by about 14% over the last yr.
An Experian spokesman declined to remark.