Hargreaves Lansdown chair expected to resign following pressure from founder - reports

Deanna Oppenheimer

Hargreaves Lansdown chair Deanna Oppenheimer is expected to step down from her role following pressure from co-founder Peter Hargreaves, according to reports.

Hargreaves, who owns a 20% stake in the company he founded alongside Stephen Lansdown in 1981, left the board in 2015 and recently lashed out at the chair over the performance of the firm. "Look at the performance of the company while Oppenheimer has been chair - it has diabolical," Hargreaves said in October last year. "She has presided over a disaster." Peter Hargreaves blasts HL chair over performance Sky News reported earlier today that the firm has begun working with recruiters to replace the current chair. In October, Oppenheimer was re-elected with 66.5% of the vote a...