Charles Stanley Group PLC announced that the Head of Investment Management and Group Board Director, Gary Teper, will be leaving the Group and its subsidiaries by mutual agreement as at the 31st May 2019 and has resigned as a director of the company with effect from 21st May 2019. This announcement follows the update on 9th May 2019 in which the Group highlighted its intention to restructure its operating model through a major transformation project, including plans to standardise processes and introduce a new, simplified organisational structure to support Charles Stanley's goal of achieving a 15% net margin.