06:30:24 EDT Thu 16 May 2024
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Fiera Capital Corp
Symbol FSZ
Shares Issued 83,616,817
Close 2023-05-24 C$ 6.59
Market Cap C$ 551,034,824
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Fiera appoints Schuster as exec director and CEO, EMEA

2023-05-25 11:43 ET - News Release

Mr. Jean-Guy Desjardins reports

FIERA CAPITAL APPOINTS KLAUS SCHUSTER AS EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER, EMEA

Fiera Capital Corp. has appointed Klaus Schuster as executive director and chief executive officer, EMEA (Europe, Middle East and Africa), effective May 30, 2023. This new role aims to allow Fiera Capital to expand and grow its presence in EMEA. Mr. Schuster will be responsible for driving the end-to-end market strategy for this key region. He will directly lead the company's distribution and marketing teams across EMEA and provide executive leadership for all employees across all functions in the region.

"A proven leader with an unrelenting focus on client success, Klaus is uniquely qualified to leverage Fiera's capabilities in the region and drive organic growth, in line with our overall strategic objectives," said Jean-Guy Desjardins. "As we continue to successfully realign the company to a regionalized distribution model, this structure will give us closer proximity to clients and enhance the collaboration between our investment teams."

"I am thrilled to be joining Fiera Capital, as I share their customer-centric focus, entrepreneurial values and commitment to broadening the Fiera Capital footprint in this strategic region," said Mr. Schuster. "I look forward to working closely with Fiera Capital's talented team, while building upon the company's foundation to drive results underpinned by its next-phase strategy and vision."

Mr. Schuster brings more than 25 years of experience in international financial services to Fiera Capital. Over the course of his accomplished career, he has built and managed successful distribution and sales businesses locally, regionally and globally, with an outstanding network of institutional, financial intermediary and wealth clients. In his most recent role, Mr. Schuster acted as chief executive officer, EMEA, and global head of wealth management distribution at a private, global asset manager in London, England. He holds a master of business administration from the University of Augsburg in Germany.

About Fiera Capital Corp.

Fiera Capital is a leading independent asset management firm with a growing global presence and approximately $164.7-billion in assets under management as of March 31, 2023. Fiera Capital delivers customized and multiasset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia. Fiera Capital's depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to its mission of being at the forefront of the investment management science to foster sustainable prosperity for all our stakeholders. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange.

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