IG Group Holdings plc has announced that June Felix, the Chief Executive Officer (CEO) of the company, will step down from her position immediately due to health reasons. Felix had been on a short period of medical leave. The Board has appointed Russell Reynolds to conduct a comprehensive search process for a permanent CEO, with an appointment expected in the coming months. In the meantime, Charlie Rozes will continue as the Acting CEO and Chief Financial Officer. Mike McTighe, Chair of IG Group, expressed gratitude for Felix's contribution to the company over the past eight years, particularly during her tenure as CEO, which saw a doubling of the Group's revenue and profit. Felix thanked her colleagues and the Board for their support during her time as CEO. IG Group will provide a Q1 trading update on September 14, 2023.