Published: April 1, 2026 at 9:20 am
Mike McTighe has stepped down as chair of FTSE 100-listed IG Group Holdings after six years in the role.
The online trading platform and education provider first announced the move last September, and the FCA has now confirmed the appointment of his successor, Andrew Barron.
Writing on LinkedIn yesterday, McTighe said: “It is with some sadness that today (March 31) is my last day as chair of IG Group plc.
“Yet I am also very pleased to be handing over the role to Andrew Barron, who, with great skill, will lead the board through the next chapter of the company’s story.
“At the end of the day, we are simply stewards of the shareholders’ assets. Our duty is to leave the company in a better place than when we found it.
“As I reflect on the last six years, we have collectively achieved a great deal. When I took up the role in February 2020, the share price was £6.69. Yesterday, it closed at £14.30, an increase of 113.75 per cent over the period.
“In addition, we have returned £1.35bn to shareholders by way of dividends and share buybacks over the same period. The total shareholder return generated equates to 154.8 per cent, or a CAGR of 16.4 per cent.
“Finally, the company was promoted to the FTSE 100 on March 4, 2026. Not too shabby all in all!”