Schroders expected to announce CEO change

Schroders will announce chief executive Michael Dobson is stepping down tomorrow, according to a report in the Financial Times.

Schroders expected to announce CEO change

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Head of investment Peter Harrison is reported to be in the frame to replace Dobson, with the confirmation expected to coincide with the release of Schroders’ full year numbers.      

A spokesperson for Schroders said: “We don’t comment on market speculation and rumour.”

Dobson, who is 63, has been in the post for 14 years.

Schroders shares have not moved significantly today, trading up 1.4% at 2726p. 

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