LONDON (ShareCast) - Brian Cassin, who was this month unveiled as the incoming Chief Executive Officer (CEO) of Experian, has disposed of a number of shares after they vested under the company's Recruitment & Retention Plan.

Of the 26,799 shares that vested, Cassin, who is currently Group Chief Financial Officer, traded in 12,621 to cover tax liabilities and retained the other 14,178. Having sold the shares at 1,060p a piece, he pocketed a total of £133,783.

Cassin was appointed to the role at the credit and marketing services provider after the current CEO was unveiled as the replacement of Chairman Sir John Peace, who is stepping down in mid-July.

The group said Cassin's appointment followed "an extensive assessment process" which concluded that he was "the outstanding candidate" for the role.

"In making this decision the board took into consideration his exemplary performance as CFO over the past two years, during which the board considers he has evidenced a broad range of operational competencies including clear leadership and strong decisive management skills, coupled with deep commercial acumen and a firm grasp of strategy," a statement by the company read.

Top Director Buys

General Electric Co (GEC)
Director name: Mr Jeffrey Immelt
Amount purchased: 40,000 @ € 18.31
Value: €732,532

HydroDec Group (HYR)
Director name: Lord Colin Moynihan
Amount purchased: 200,000 @ 10.70p
Value: £21,400


Top Director Sells

Investec (INVP)
Director name: Mr Peter Thomas
Amount sold: 185,810 @ 395.30p
Value: £734,507

Experian (EXPN)
Director name: Mr Brian Cassin
Amount sold: 12,621 @ 1,060.00p
Value: £133,783

NR

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