Hargreaves Lansdown CEO Olley to Step Down After CVC Buyout (1)

Hargreaves Lansdown Plc Chief Executive Officer Dan Olley is stepping down following the CVC Capital Partners-led buyout of Britain’s biggest retail investment platform.

Olley, who took over the top job in 2023, plans to exit his role after a three-month handover period, Hargreaves Lansdown said in an emailed statement Thursday. He will be replaced by independent non-executive director Richard Flint on an interim basis while the firm searches for a permanent successor, according to the statement.

The takeover of Hargreaves Lansdown, which was completed in March, has brought the curtain down on one of the most profitable UK business ...