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YouGov boss exits after pressure from activist investor Gatemore

YouGov CEO Steve Hatch is stepping down following pressure from activist investor Gatemore Capital Management, which has called for the firm to be put up for sale. Gatemore blamed a series of management 'missteps' for a severe share price decline. YouGov shares have fallen around 70% over the last 12 months and are almost 80% below their all-time high. Gatemore wants YouGov to find a buyer and exit London's AIM market at a 'healthy premium'. YouGov said its board had 'mutually agreed' with Hatch that he should step down, and chair Stephen Shakespeare would take his place on an interim basis.

Original article source: https://www.dailymail.co.uk/money/markets/article-14358249/YouGov-boss-exits-pressure-activist-investor-Gatemore.html
Source Id: 2025-02-622358723

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