Company Overview of Virgin Money
28 Saint Andrew Square
Edinburgh, EH2 1AF
Key Executives for Virgin Money
Compensation as of Fiscal Year 2014.
Virgin Money Key Developments
Virgin Money Announces Executive Changes; Announces Earnings Results for the Six Months Ended June 30, 2014
Sep 12 14
Virgin Money announced that Glen Moreno is to join the board of the company as an Independent Non-Executive Director and Chairman Designate, with effect from January 2015, subject to regulatory approval. He will assume the Chairmanship of Virgin Money in mid-2015, taking over from the current Chairman, Sir David Clementi. Glen Moreno is presently Chairman of Pearson PLC and a Non-Executive Director of Fidelity International Limited. He has more than four decades experience in business and finance. His earlier positions include serving as Deputy Chairman of The Financial Reporting Council, Senior Independent Director at Lloyds Banking Group plc, Senior Independent Director of Man Group plc and Acting Chairman of UK Financial Investments Limited.
The company announced earnings results for the six months ended June 30, 2014. Strong revenues, driven by mortgages and savings, combined with improving net interest margins and controlled cost growth, have resulted in an improved underlying return on tangible equity of 6.2% for the first half of 2014.
Virgin Money Appoints Olivia Dickson as an Independent Non-Executive Director
Sep 2 14
Virgin Money announced that it has strengthened its Board through the appointment of Olivia Dickson as an Independent Non-Executive Director. Olivia joined the Board on 1 September 2014 and will chair the Remuneration Committee. Olivia is a Non-Executive Director and Chair of the Risk Committee of Canada Life Limited and a Non-Executive Director and Chair of the Actuarial Council of the Financial Reporting Council. In recent years Olivia has served as a Non-Executive Director of Investec plc, and has also been a member of the Regulatory Decisions Committee of the Financial Services Authority (now the Financial Conduct Authority).
Virgin Money Appoints Marilyn Spearing as Independent Non-Executive Director
Feb 3 14
Virgin Money announced that it has strengthened its Board through the appointment of Marilyn Spearing as an Independent Non-Executive Director, and that she will join the Board with immediate effect. Marilyn has over 35 years experience in Financial Services, specialising in payments and cash management, and related technology platforms. Most recently she spent six years as the Global Head of Trade Finance and Cash Management at Deutsche Bank, building the business to a global scale covering 35 markets. She previously spent 11 years at HSBC as the Global Head of Payments and Cash Management, and prior to that spent 15 years at Barclays in both corporate and line management roles.
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