Hastings board reshuffle as Hoffman quits

Gary Hoffman, former Hastings Group CEO is to step down from the business as non executive chair on 21st May following his resignation.

Hoffman joined Hastings in October 2012, as CEO, and oversaw a private equity investment by Goldman Sachs, in 2014 and its IPO in 2015. He stepped down as CEO in March 2018 and took up the role of non-executive chair in May 2018.

As a result of the move, Tom Colraine, currently senior independent director and chair of the nomination committee and remuneration committee, will become non-executive chair, until a successor to Hoffman is appointed. He will remain chair of the nomination committee.

Teresa Robson-Capps, independent non-executive director will take on Hoffman’s remaining duties and Elizabeth Chambers, independent non-executive director will chair the remuneration committee.

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