Directorate Change

Schroders plc

Director Change

Schroders plc announces that Philip Mallinckrodt, Group Head of Private Assets and Wealth Management, relinquished his executive responsibilities on 1 March 2017 after more than 20 years with the firm. A member of the principal shareholder group, he continues on the Board of Schroders plc as a non-executive Director and has joined the Nominations Committee.

Private Assets and Wealth Management will report to Group Chief Executive, Peter Harrison.

Michael Dobson, Chairman of Schroders plc, said "Philip has made a major contribution to Schroders' success, particularly in the last eight years as an executive Director of Schroders plc. I am delighted that he will serve as a non-executive Director and I look forward to continuing to work with him in this new capacity."

Philip Mallinckrodt said "I am very pleased to be taking on this new role. After more than 20 years serving in the executive management team, I now look forward to helping shape the long term direction of the firm as a non-executive Director."

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