LONDON (ShareCast) - Wilmington, the information provider, announced on Tuesday that its Chief Executive Officer (CEO) had informed the board of his intention to retire from the post.

Charles Brady was to remain CEO until a successor had been chosen. The search for a new CEO was to be conducted by the company’s Chairman, Mark Asplin.

Brady worked for 15 years at the company, taking on the responsibilities of CEO in 2002.

Before working for the group Brady founded the law firm known as Central Law in 1985, which was then acquired by Wilmington.

He led the transformation of the group, which was initially a trade magazine, primarily focused on the UK into an international leader in the supply of information, compliance and education to professional markets.

As of 14:03 the share price was falling by -2.84% to 247.75p.

WS

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