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Boothman quits at Gerrard

Gerrard chief executive Clive Boothman has quit the firm after just 11 months in the job.

Boothman, who joined from Schroders last September, had been at the helm of the integration of Capel Cure Sharp and Greig Middleton since the two firms came together under the Gerrard brand last autumn.

Gerrard would not comment on the reasons for Boothman&#39s departure but sources close to the firm say he had been frustrated in the job for some time. He is understood to now be taking a holiday but does not yet have a new position lined up.

Deputy chief executive Stephen Clark will take over from Boothman as CEO.

The resignation is Gerrard&#39s second high-profile departure this year after investment director David Bulteel took his private client team to Carr Sheppards Crosthwaite in February.

Chairman Eric Anstee says: “We have confidence that Ste-phen Clark and the management teams at Gerrard will continue to drive the development of Gerrard going forward.”

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