Hanover Search Group announces change of ownership
After 18 years together Patrick Field has sold his majority stake in the business to James Emmett for an undisclosed sum.
Emmett will assume the responsibility of Group CEO and has invited Paul Groarke and Stephen Phipps to join the new Board.
Both Groarke and Phipps were previously managing directors of the Asset Management & Financial Services business respectively.
Mem Kortach also joins the new board as finance director.
Field will operate within the private banking sector in an advisory role for the foreseeable future.
Emmett will continue to spearhead the plans to expand the business globally. This will include further development of the UK, Americas and South African businesses in addition to new office locations in Europe, Middle East and Asia.
The Group has stated it is grateful to Field for his leadership over the last 18 years and now looks forward to continued success and development of the Hanover brand.