Hargreaves Lansdown has appointed Matt Benchener as to be its new chief executive.
Benchener will join Hargreaves Lansdown in March for a handover period, with interim CEO Richard Flint, and will take on the top role in July.
Benchener joins from Vanguard, where he is a managing director and head of Vanguard Personal Investor — the company’s giant retail business in the US. He is also a member of Vanguard’s senior executive team.
While int his role he helped transform Personal Investor’s technology and digital platform and oversaw rapid growth in Vanguar’d advice business.
When Benchener takes on the CEO role Flint will move to a new tole on the board as deputy chair. He originally joined Hargreaves Lansdown as a non-executive director in March 2025 and stepped in as interim CEO from August 2025, following the departure of the previous CEO, Dan Olley, after less than two years at the helm. Olley’s departure came following HL’s £5.4bn takeover by a private equity consortium.
Bruce Hemphill, chair of Hargreaves Lansdown, said: “[Benchener]is a powerhouse in the investment platform space and we are pleased to have secured his deep expertise to lead HL into its next stage.
“It is testament to the exciting future and growth potential ahead of us that we have persuaded him to cross the pond and join us.”
Richard Flint, interim CEO, said: “It has been a privilege to lead the team through our transition to private ownership, a pivotal time for the business, as well as a period of important policy and regulatory change.
“The government and FCA have set an important and bold agenda. I look forward to working with [Benchener] and continuing to work on Hargreaves Lansdown’s introduction of targeted support and rebalanced risk warnings, as well as the cross-industry retail investment campaign.”