IN BRIEF: Former Man Group CFO Sorrell starts as new CEO of Rathbones

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Rathbones Group PLC - London-based investment and wealth manager - Jonathan Sorrell joins as chief executive officer on Monday, replacing Paul Stockton, who was in post for 16 years and will support the handover until the end of December. Sorrell’s appointment was announced back in March, and he now has regulatory approvals, Rathbones says. He joins from Capstone Investment Advisors, a derivatives investment management firm where he was president since the start of 2020. Sorrell previously was chief financial officer, and later president, of active investment manager Man Group PLC.

Current stock price: 1,894.00 pence, up 0.2%

12-month change: up 1.3%

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