BusinessCompany NewsMan group to cast a wide net

Man group to cast a wide net

Search for replacement for the UK’s highest paid FD Peter Clarke to be extensive

Man Group is to cast its net wide in its search for a replacement for the
UK’s highest paid FD Peter Clarke, who was promoted to chief executive last
week.

Clarke will take over from Stanley Fink at the hedge fund group. Clarke and
Fink are Man stalwarts, but the company is looking for different qualities in a
successor.

Whoever lands the role is set for a series of huge paydays. Clarke earned
£2.3m last year.

Company insiders told Accountancy Age that Man would be searching
for ‘a fresh pair of eyes’.

Mark Freebairn, head of the CFO practice at headhunters Odgers Ray &
Berndtson, thought Man would look for FTSE 100 experience. ‘Man can get anyone
they want. They have the ability to tap strong people on the shoulder,’ he said.

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