Schroders chief executive (CEO) Peter Harrison is set to retire in 2025, sparking a search by the group to confirm a successor.
In a stock exchange filing today (24 April), Schroders said Harrison is expected to step down from his role sometime next year but will remain as a director of the company throughout the transition period. Schroders' share price has risen 0.6% at the time of publication, however, it is down around 43% from its September 2021 peak, according to data from the London Stock Exchange. Chair Elizabeth Corley said: "The board recognises that in Peter, Schroders has had an outstanding CEO over the past eight years. During his tenure, the business has undergone a remarkable transformation to b...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
