Marshall Monteagle PLC announced that David Marshall, the current CEO of the Company, has decided to step down from this role with effect from 1 January 2024. David has been the CEO of the Company since 2009 and the Board wishes to express its profound gratitude to David for his stewardship of the Company during this time. The Board announced that David has agreed to remain as a Board member in the capacity of a non-executive director and will continue to bring his wealth of experience to the Board.

The Board announced that Mr. Warwick Marshall has agreed to be appointed as a the new CEO of the Company with effect from 1 January 2024. Warwick lives in Zug, Switzerland. He established the trading division of the Marshall Monteagle group in 1993, initially trading in retailer branded fast moving consumer goods, and then later diversifying into metals, minerals, logistics and trade finance.

He is actively involved in the day-to-day management and direction of the Marshall Monteagle group's listed equity portfolios, and he is also a director of various other group operating companies. Warwick has extensive investment experience in his private capacity.