Schroders Slashes Top Brass in New CEO's Push to Revive Growth

By Yahoo! Finance | Nov 11, 2024 at 01:29 AM EST

Schroders Plc is reducing its executive committee from 22 to 9 members under new CEO Richard Oldfield's leadership. The move aims to streamline operations and cut costs at the UK's largest asset manager, facing challenges of stock decline and outflows.

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