IG Group Appoints Breon Corcoran as New CEO

Following the resignation of CEO June Felix​ in August, electronic trading giant IG Group today announced that Breon Corcoran will be its next CEO, subject to regulatory approval.

Charlie Rozes will continue in his current role as Interim CEO and Group CFO until Breon Corcoran assumes the position on January 29, 2024. At that point, Charlie will continue as Group CFO and become a member of the Board.

Mike McTighe, Chair of IG Group, commented: "I am very pleased to announce Breon's appointment following a comprehensive global search. He is a proven leader of high-performing teams within multinational organizations, with an ability to deliver results for all stakeholders. The Board is confident that Breon is the right person to lead IG and deliver the next phase of growth. I look forward to working with him."

Breon Corcoran stated: "I am delighted to be joining IG Group. It's a business I've long admired. I look forward to working with the Board and executives to build on its current successes."

Breon has extensive experience in leading multinational fintech companies and supporting their growth strategies. From October 2018 to August 2022, he served as CEO at WorldRemit, a digital cross-border remittance business. Before joining WorldRemit, he had worked at Ireland's largest gambling company, Paddy Power, for over a decade, holding various prominent roles such as MD of Non-Retail for Digital and Chief Operating Officer. Breon has also held key positions at Tilney Group, Betfair, JP Morgan, and Bankers Trust throughout his career. Since August 2020, he has served as Non-Executive Chairman at Auction Technology Group, a U.S.-based global technology company.

Earlier this month, the Group made the decision to dismiss its South Africa CEO, Robert J. Van Eyden​, as part of its workforce reduction efforts.