Schroders recruits from Federated Hermes for leading governance role

Tim Goodman spent the past 14 years at Federated Hermes, latterly as director of engagement

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Schroders has hired Tim Goodman from Federated Hermes as its head of corporate governance.

During his 14 years at Federated Hermes, where he was most recently director of engagement, Goodman focused on engaging with companies in the energy, technology, consumer goods and retail sectors.

Overall, he has 29 years of experience across the ESG, responsible investing and corporate communities sectors.

At Schroders, he will be charged with further developing Schroders engagement and voting on corporate governance matters globally. The firm recently wrote to chairs of FTSE 100 companies warning the group will vote against the nominations of committee chairs where the company board is lacking ethnic diversity.

Schroders head of active ownership Kimberley Lewis said: “Tim is a well-seasoned, and highly respected professional within the sustainability, responsible investing, and corporate stewardship sectors both in the UK, as well as in North America. We are delighted that he is joining us to further drive our active engagement with the companies that we invest in through dialogue, engagement and voting at annual general meetings.”

This article first appeared on Portfolio Adviser sister title ESG Clarity

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