HSBC's top ranks house likely successor to CEO Quinn [Reuters]
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
Company Research
Source: Reuters
LONDON, April 30 (Reuters) - HSBC is preparing to welcome its third CEO in less than eight years after veteran banker Noel Quinn, 62, retires from running Europe's biggest bank. While HSBC on Tuesday it will consider both internal and external candidates, the Asia-focused lender has typically looked internally to fill its leadership positions. Lengthy service was seen a prerequisite to understanding HSBC's myriad stakeholders, investors, and crucial regulatory relationships straddling east and west. HSBC has several contenders to succeed Quinn, analysts, investors and industry sources told Reuters. The bank's chairman Mark Tucker is now set to get one more CEO settled in the role before exiting HSBC himself by 2027, in line with UK corporate governance conventions. None of the names mentioned are women. Just 34% of all senior leaders in HSBC were women in 2023, the bank's global diversity data shows. Tucker declined to comment on individual candidates to succeed Quinn when
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- 5/20/24 - Form 6-K
- 5/20/24 - Form 6-K
- 5/17/24 - Form 8-A12B
- HSBC's page on the SEC website