Stephen Haddrill to step down from Financial Reporting Council (FRC)
02 November 2018
Stephen Haddrill has informed the Board of the FRC that he intends to step down from his role as Chief Executive Officer of the Financial Reporting Council in late 2019. The exact date of his departure will depend on a number of factors including the outcome of Sir John Kingman’s review of the FRC, the search for his successor, and any agreed transition period associated with that appointment.
Stephen Haddrill said:
“I am incredibly proud to have led the FRC for nearly 9 years. However, I believe that it should be the job of a new CEO to lead the FRC when the way ahead is decided. In the meantime, I remain fully committed to taking forward the FRC’s important programmes on audit reform, investor stewardship, corporate reporting and preparing the FRC for EU exit.”
FRC Chairman Sir Win Bischoff said:
“I would personally like to thank Stephen and also on behalf of the Board, Committees and Councils of the FRC for his leadership and commitment over this significant period in our history”.
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