Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

WH Ireland chief Paul Compton quits

by Annabelle Williams on Dec 13, 2012 at 14:00

WH Ireland chief Paul Compton quits

WH Ireland chief executive Paul Compton has resigned from the firm.

The corporate broker and wealth manager said Compton (pictured) had decided to stand down with immediate effect and the firm has replaced him with head of private wealth management Richard Killingbeck.

In a brief statement to the stock market, WH Ireland gave no reason for Compton's seemingly sudden departure.

Compton recently spoke to Wealth Manager of his ambitions for the firm to outline his plans to move WH Ireland from its roots as a traditionally stockbroking-led business into the largest corporate broking firm on the alternative investment market (AIM), and as part of this strategy bought the assets of failed Pritchard Stockbroker.

Moreover, Compton's plan looked to be falling into place when it last spoke to investors.   WH Ireland's most recent set of results showed a turnover 10.5% higher year-on-year and liquid cash of over £5 million.

Pre-tax profit moved slightly lower however this was the result of the firm absorbing the costs of the Pritchard acquisition, and in the same period the firm took the decision to expand into the regions.

Killingbeck, whose appointment as Compton's successor is still subject to regulatory approval, will no doubt take over this mantle for change.

He was hired by WH Ireland in September this year as its head of wealth, moving over from Credit Suisse where he worked as a managing director.

4 comments so far. Why not have your say?

former employee

Dec 13, 2012 at 15:11

no suprises there then

report this

john doe the third

Dec 13, 2012 at 18:14

His profile disappeared within hours from company website – draw your own conclusions.

report this

Another former collegaue via mobile

Dec 21, 2012 at 08:26

What goes around comes around

It's a matter of time!

report this

former employee

Dec 21, 2012 at 08:42

Three more walk from their Cardiff office ( apparently ) !!!What is going on ??

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:

Look up the shares

  • WH Ireland Group PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

More from us


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet