Schroders Plc
SDR:LN
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Overview
Company Profile
Fund manager Schroders is still family-controlled. The investment banking arm was sold in 2000, to leave Schroders just focused on fund management. The global asset management group has over �120bn under management and clients that include large corporations, local and public authorities, pension funds and charities, as well as high net worth individuals and retail customers. There are two classes of share on the FTSE 100: voting and non-voting.
Classification
Sector Finance
Industry Asset Management Services
Financials
News & Media
Corporate
Board of Directors
Peter Harrison
Head of Investment
Appointed Head of Investment and a Director in May 2014. Experience: He began his career at Schroders in 1988 and subsequently held roles at Newton Investment Management as Portfolio Manager, JP Morgan Asset Management as Head of Global Equities and Multi-asset and at Deutsche Asset Management as Global Chief Investment Officer. He was Chairman and Chief Executive of RWC Partners before re-joining Schroders as Global Head of Equities in March 2013. External appointments: Non-executive Chairman of RWC Partners.
Richard Keers
Chief Financial Officer
Appointed a Director and Chief Financial Officer in May 2013. Experience: He is a chartered accountant and was a Senior Audit Partner of PricewaterhouseCoopers LLP (PwC) until May 2013. He became a partner of PwC in 1997 and has 25 years’ experience in the audits of global financial services groups. His experience includes time spent in PwC’s New York, Sydney, Edinburgh and London offices. External appointments: None.
Philip Mallinckrodt
Group Head of Wealth Management (52)
Group Head of Wealth Management (52) Appointed a Director in January 2009, having joined Schroders in 1994. Experience: He started his career with Credit Suisse First Boston. He joined Schroders in 1994, and then worked for Citigroup from 2000 to 2002. He rejoined Schroders in 2002. External appointments: Member of the International Advisory Council of the Brookings Institution.
Massimo Tosato
Executive Vice-Chairman and Global Head of Distribution (60)
Executive Vice-Chairman and Global Head of Distribution (60) Appointed a Director in August 2001, having joined Schroders in 1995. Experience: He was a founding partner and Chief Executive Officer of Cominvest SpA. and a partner and Managing Director of Euromercantile SpA. He was Vice President of the European Fund and Asset Management Association from 2011 until 2013. External appointments:Member of the Board of Overseers at Columbia Business School, Trustee of the Parasol Unit Foundation for Contemporary Art, London and a non-executive Director of Nutmeg Saving and Investment Limited. He is also a member of the Forum of European Asset Managers.
Andrew Beeson
Chairman
Appointed Chairman in May 2012, having been a non-executive Director since October 2004 and the Senior Independent Director from May 2010 to May 2012. Experience: He was the founder and Chief Executive of the Beeson Gregory Group and subsequently Chairman of Evolution Group plc, following its merger with Beeson Gregory. He was a founder Director of IP Group plc, and also founded what is now known as the Quoted Companies Alliance. External appointments: Trustee of the MCC. Committee membership: Chairman of the Nominations Committee.
Ashley Almanza
Independent non-executive Director
Appointed a non-executive Director in August 2011. Experience: He held a number of executive positions at BG Group including Executive Vice President UK, Europe and Central Asia and Chief Financial Officer from 2002 to 2011. He is a chartered accountant and holds an MBA (London Business School). External appointments: He is Chief Executive Officer of G4S plc and a non-executive Director of Noble Corporation. Committee membership: Chairman of the Audit and Risk Committee and a member of the Nominations Committee. He stepped down from the Remuneration Committee on 1 October 2014.
Robin Buchanan
Independent non-executive Director
Appointed a non-executive Director in March 2010. Experience: He served as the Senior Partner of Bain & Company Inc. in the UK for 12 years and remains a senior adviser. He was Dean and President of London Business School. He is a chartered accountant and holds an MBA (Harvard Business School). External appointments: Chairman of Michael Page International plc and a non-executive Director of LyondellBasell Industries N.V. He is Chairman of the Investment Committee of Access Industries, and a senior adviser to Coller Capital Ltd. Appointed a non-executive Director in March 2010. Committee membership: Member of the Remuneration, Nominations and Audit and Risk Commitees
Rhian Davies
Independent non-executive Director
Appointed a non-executive Director in July 2015. Experience: Rhian is a qualified accountant and was, until June 2015, a partner at Electra Partners, an independent private equity fund manager. She joined Electra in 1992 from PwC where she worked in their audit and insolvency practices. External appointments: Senior Adviser of Electra Partners. Committee membership: Member of the Audit and Risk Committee and the Nominations Committee
Lord Howard of Penrith
Senior Independent non-executive Director
Appointed Senior Independent Director in April 2015, having been a non-executive Director in November 2008. Experience: He was previously the Deputy to the Chairman of Lehman in Europe until 1998 and was the Partner in charge of international fixed income at Phillips & Drew. He was also Chairman of Tarchon Capital Management LLP from 1998 until March 2013. External appointments: Chief Investment Officer at Beazley plc. Committee membership: Chairman of the Remuneration Committee. Member of the Nominations and the Audit and Risk Committees.
Nichola Pease
Independent non-executive Director
Appointed a non-executive Director in September 2012. Experience: She has over 30 years’ experience in the asset management and stock broking industries. She was the Chief Executive and then Deputy Chairman of J O Hambro Capital Management Ltd from 1998 until 2008. She was a Trustee and Chairman of the Investment Committee and Member of the Audit Committee of Guy’s and St. Thomas’ Charity. External appointments: Non-executive Member of the Executive Committee of the Army Board and Chairman of the Army Independent Assurance Committee, Chairman of Investment 2020 and a Member of the Eton College Investment Committee. Committee membership: Member of the Remuneration, Nominations and the Audit and Risk Committees.
Bruno Shroder
Non-executive Director
Appointed a Director in January 1963. Experience: He is the great-great-grandson of John Henry Schroder, co-founder of the Schroders businesses in 1804. He joined the Schroder Group in London where he worked in the Commercial Banking and Corporate Finance divisions of J. Henry Schroder Wagg & Co Ltd, London. External appointments: Director of a number of private limited companies. Committee membership: Member of the Nominations Committee.
Michael Dobson
Chief Executive
Chief Executive (63) Chief Executive since November 2001, having joined the Board as a non-executive Director in April 2001. Experience:He was previously Chief Executive of Morgan Grenfell Group and a member of the Board of Managing Directors of Deutsche Bank AG. External appointments:Member of the FCA Practitioner Panel and the President’s Committee of the Confederation of British Industry.