Tom Darnowski Promoted to Americas CEO at Schroders

Schroders plc on Thursday announced the promotion of Tom Darnowski to CEO of the Americas. Formerly the global head of product strategy, his promotion is effective on January 1, 2025. Darnowski will succeed Phil Middleton, who will be promoted to serve as the firm’s head of the U.K.

Both Darnowski and Middleton will report to Karine Szenberg, Schroders’ global head of client group.

Darnowski has worked at Schroders for nearly 12 years. Prior to his role as global head of product strategy, he was head of North American product. Previously, he was managing director of mutual funds at insurer The Hartford.

“I am excited for the opportunity to shape our future growth in the Americas during a time of evolution across the industry and the firm,” Darnowski said in a statement.

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Darnowski earned a bachelor of business administration degree from Loyola University Maryland and an MBA from the Yale School of Management.