Appointment of Non-Executive Director

Summary by AI BETAClose X

TEAM plc has appointed John Cusins as an independent Non-Executive Director, effective immediately, bringing significant experience in wealth management, private equity, and capital markets, notably co-founding Lumin Wealth Management and growing its assets under management to £1.4 billion. Cusins' expertise in scaling financial services businesses is expected to be invaluable as TEAM enters its next phase of development, international expansion, and strategic opportunities. He holds a direct interest in 1,375,750 TEAM ordinary shares and an additional 61,162 shares via an investment company.

Disclaimer*

Team PLC
23 July 2026
 

23 July 2026

 



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("TEAM" or the "Company" or the "Group")

 

Appointment of Non-Executive Director

 

TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, is pleased to announce that, further to the Company's announcement on 30 June 2026, John Cusins has been appointed to the Board as an independent Non-Executive Director, with immediate effect.

 

John brings substantial experience across wealth management, private equity, capital markets and strategic growth experience. Most notably, he co-founded and helped build Lumin Wealth Management from approximately £12 million to £1.4 billion of assets under management, before overseeing the sale of its majority stake in the business to VZ Group. He has also held senior positions at UBS, Dresdner Bank and KPMG and brings considerable experience in capital allocation and corporate transactions.

 

John's experience in building and scaling wealth management businesses will provide valuable support as TEAM enters the next phase of its development.

 

Mark Clubb, Executive Chairman of TEAM, said: "I am delighted to welcome John Cusins to the Board of TEAM plc as a Non-Executive Director. John has a proven ability to identify opportunities, build high-quality financial services businesses and create long-term value for shareholders. That will be invaluable as TEAM enters its next phase of growth. As we continue to scale our business, expand internationally and pursue further strategic opportunities, I look forward to working closely with John and benefiting from his judgement, challenge and commercial insight."

 

 

Enquiries

 

Team plc

Tel: +44 (0) 1534 877210

Mark Clubb


Strand Hanson(Nominated Advisor)

Tel: +44 20 7409 3494

Richard Johnson / James Spinney


Zeus Capital Limited (Broker)

Harry Ansell /Katy Mitchell

Tel: +44 20 7389 5000

Novella Communications(Financial PR)

Tel: +44 20 3151 7008

Tim Robertson / Oliver Norton

team@novella-comms.com

 

Further information on the Company can be found on its website at www.teamplc.co.uk.

 

Appendix

 

The following information is notified pursuant the Schedule 2(g) of the AIM Rules for Companies in relation to the Board appointment of John Cusins as independent Non-Executive Director.

 

John Robert Cusins (aged 54) is, or has been within the previous five years, a director or partner of the following companies or partnerships:


Current Directorships/Partnerships 

Directorships/Partnerships held over the past 5 years 

Strathdon Holdings Limited 

Lumin Wealth Management Limited 

Strathdon Investments Limited 

Lumin Wealth Limited 

Trygos Capital Partners Limited 

Lumin Pension Services Limited 

Moncomi Investments Limited 

Lumin Business Services Limited 

Impact HR Consulting Limited 

Lumin Advisory Limited 

TDR Capital II Associates LP 

Lumin Consulting Services Limited 

TDR Capital II Holdings LP 

Lumin Financial Services Limited 

 

Lumin DFM Limited 

 

Lumin Asset Management Limited 

 

Lumin Portfolio Management Limited 

 

Business Human Resources Solutions Limited 

 

Davidson Deem Limited 

 

Company 80 Limited 

 

Fortuno WM Limited 

 

Spencer Road Consulting Limited 

 

Viper Ventures Limited 

 

Nhance Independent Limited 

 

Ashridge Financial Management Limited 

 

The Big Picture Wealth Management (Subsidiary) Limited 

 

The Big Picture Wealth Management (Holdings) Limited 

 

B.W. (Consultants) Holdings Limited 

 

B.W. (Financial Consultants) Limited 

 

W.H. Ireland Group Limited 

 

Strathdon Management Limited 

 

Chamberlain Stean & West Limited 

 

Lumin Group Limited 

 

Business HR Solutions (Consultancy) Limited 

 

Cleavon Capital LLP 

 

John Cusins has a direct interest in 1,375,750 TEAM ordinary shares and a further 61,162 TEAM ordinary shares held via an investment company.

 

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