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Evening Standard
Evening Standard
Business
Holly Williams

Hargreaves Lansdown co-founder to step down and hand board role to son

Peter Hargreaves Hargreaves Lansdown Robert
Hargreaves Lansdown co-founder Peter Hargreaves is retiring and handing his board position to his son following the investment firm’s £5.4 billion takeover by private equity. (Hargreaves Lansdown/PA) -

Hargreaves Lansdown co-founder Peter Hargreaves is retiring and handing his board position to his son following the investment firm’s £5.4 billion private equity takeover.

Mr Hargreaves, who recently celebrated his 79th birthday, said the decision to pass on the role to his son Robert “marks a proud new chapter in the family legacy”.

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