Schroders PLC SDR Directorate Change

  Schroders PLC (SDR) - Directorate Change

RNS Number : 2208S
Schroders PLC
28 November 2012




                               [Schroders plc]



Directorate change



28 November 2012



Schroders plc announces  that Kevin Parry  has decided to  step down as  Chief 
Financial Officer and  as a Director  of the  Company with effect  from 5  May 
2013. It is the Board's intention to appoint Richard Keers to succeed Mr Parry
at that time.

Richard Keers is currently a  partner at PricewaterhouseCoopers (PwC). He  was 
PwC's Global Relationship Partner for Schroders  from 2006 to 2010. He  joined 
PwC in 1988 and has been a partner in their financial services practice  since 
1997. On appointment Mr Keers would join  the Board of Schroders plc and  the 
Group Management Committee  and would have  responsibility for Finance,  Risk, 
Human Resources, Internal Audit and Corporate Communications.

Michael Dobson, Chief Executive,  commented "I would like  to thank Kevin  for 
his significant  contribution to  Schroders  over the  last  ten years,  as  a 
non-executive Director and Chairman of the Audit Committee and, since 2009, as
Chief Financial Officer. I very much look forward to working with Richard. His
previous experience positions him well for his new role as CFO."

Kevin Parry  commented  "I have  greatly  enjoyed  my time  at  Schroders  and 
participating in its development.  I am pleased  to be able  to hand over  to 
Richard Keers following the completion of the 2012 Annual Report and  Accounts 
in May next year."

There are no other details that are required to be disclosed in respect of  Mr 
Keers' appointment  under paragraph  9.6.13 of  the Listing  Rules of  the  UK 
Listing Authority.



For further information, please contact:

Emma Holden - Head of Corporate Communications       +44 (0) 20 7658 2329

                                                  emma.holden@schroders.com
                                                                         
William Clutterbuck (Maitland)               +44 (0) 20 7379 5151

                                               wclutterbuck@maitland.co.uk



 












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BOAUWOURUOAAUAA -0- Nov/28/2012 12:35 GMT
 
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