Barclays picks Rothschild veteran Nigel Higgins as next chairman [Reuters]
Barclays PLC (BCS)
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Source: Reuters
Barclays picks Rothschild veteran Nigel Higgins as next chairman | Reuters 3 Min Read (Reuters) - Barclays Plc ( BARC.L ) said on Thursday that Nigel Higgins, the deputy chairman of Rothschild & Co ( ROTH.PA ), has been appointed to succeed John McFarlane as the company’s chairman. John McFarlane will retire on May 2 2019 after the Barclays AGM, the company said in an emailed statement. Higgins will join the Barclays Board as a Non-Executive Director on March 1, 2019 and take over as chairman in May. “In Nigel Higgins we have found an ideal candidate. He is a hugely respected banker, a strategic thinker, someone with extensive international experience, and he has a strong positive leadership style. These are all great qualities that he will bring to the role,” said Crawford Gillies, who led the process to appoint a successor to McFarlane. Higgins said, “succeeding John McFarlane, who has done such a sterling job during a period of great change at Barclays, is a huge honor.... I am
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