Hastings Group Holdings plc announced that it has received notice from Gary Hoffman, non-executive Chair of the company, of his intended resignation from the company's Board. He will not seek re-election at the Company's forthcoming Annual General Meeting on 21 May 2020 and will step down from the Board on that date. Gary's departure will allow him to concentrate on other responsibilities and time commitments. He originally joined the Group in October 2012, as CEO, and guided the organisation through a private equity investment by Goldman Sachs, in 2013/14, and its IPO in October 2015. He stepped down as CEO in March 2018 and took up the role of non-executive Chair in May 2018. Gary's departure will allow him to concentrate on other responsibilities and time commitments. He originally joined the Group in October 2012, as CEO, and guided the organisation through a private equity investment by Goldman Sachs, in 2013/14, and its IPO in October 2015. He stepped down as CEO in March 2018 and took up the role of non-executive Chair in May 2018. Tom Colraine, currently the Company's Senior Independent Director (since September 2015) and Chair of the Nomination Committee and Remuneration Committee, will become non-executive Chair, whilst the Company seeks a long term successor to Gary. Tom will step down from the Remuneration Committee but will remain Chair of the Nomination Committee; he will also, for the time being, remain a member of the Audit Committee. Teresa Robson-Capps, an independent non-executive director of the Company since July 2016, will replace Tom as Senior Independent Director. Teresa will remain Chair of the Audit Committee, and a member of the Risk Committee. Elizabeth Chambers, an independent non-executive director of the Company since September 2018, will become Chair of the Remuneration Committee, of which she has been a member since May 2019. These changes will become effective from 21 May 2020.