Hyperion CFO to step down

Exit sign

Oliver Corbett will step down from his role as Hyperion CFO at the end of the year.

Corbett will continue in his post and on Hyperion’s group executive committee and board of directors until 31 December 2018.

The search is now on for Corbett’s replacement.

Hyperion CEO David Howden said: “Oliver has made a substantial contribution to the group since 2015 in terms of ensuring that the group’s finance function has the necessary and relevant expertise.

“This has been highlighted by a series of debt refinancings and the group’s ability to attract an investor of CDPQ’s quality. On behalf of the board, we wish him all the best for the future.”

The announcement follows the completion of a $400m (£305m) investment in Hyperion by Canadian fund manager CDPQ.

In December, Corbett told Post that he expected that the investment would give CDPQ a shareholding of between 25% and 35% in the group, which includes Howden, RKH and Dual.

CDPQ is expected to be a “long term” investor, according to Hyperion CEO Howden.

Private equity investor General Atlantic remains Hyperion’s largest shareholder. It owns 35% of the business.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: