Fiera Capital Announces Departure of Global President and Chief Operating Officer

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

  • Mr. Jean-Guy Desjardins, Chief Executive Officer, to act as interim Chief Operating Officer;
  • Mr. Sylvain Brosseau remains a member of the Board of Directors

MONTREAL, April 13, 2017 /CNW Telbec/ - The Board of Directors of Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Firm"), a leading independent investment management firm, announced today that  it has accepted the resignation of Mr. Sylvain Brosseau as Global President and Chief Operating Officer.

In the context of Mr. Brosseau's departure, Mr. Jean-Guy Desjardins, as Chief Executive Officer of Fiera Capital, will assume the  interim position of Chief Operating Officer effective immediately and until further notice. Mr. Brosseau will work closely with Mr. Desjardins until June 30, 2017 to ensure a seamless transition period. Furthermore, Mr. Brosseau will continue to be a member of Fiera Capital's Board of Directors.

"The Board of Directors salutes Mr. Brosseau 's  many notable achievements during his career with  Fiera Capital," said Jean-Guy Desjardins, Chairman of the board and Chief Executive Officer of Fiera Capital.  "Mr. Brosseau has been with Fiera Capital since the firm's inception and has contributed in  making Fiera Capital the great success story it is today. I would like to personally thank him for having been part of this journey. Together, we have built a firm that is strong and well positioned for continued growth."

"After more than 14 years working in this great organization, I wanted to pursue other professional opportunities and I feel confident that the time is right for me to do so. However, it was important for me to stay involved in the evolution of the company and as such, I am pleased to continue the journey as a Board member of Fiera Capital." said Sylvain Brosseau. "I am proud in having been part of the success of Fiera Capital and am excited to see it continue to flourish under the leadership of its founder Jean-Guy Desjardins."

About Fiera Capital Corporation

Fiera Capital is a leading independent asset management firm with more than CAD$116 billion in assets under management as of December 31, 2016. The Firm provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Clients and their portfolios derive benefit from Fiera Capital's depth of expertise, diversified offerings and outstanding service. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com

In the U.S., asset management services are provided by the Firm's U.S. affiliates, Bel Air Investment Advisors LLC and Fiera Capital Inc., investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC). Further, Charlemagne Capital (UK) Limited and Charlemagne Capital (IOM) Limited are both registered as investment advisers with the SEC. Charlemagne Capital (UK) Limited is authorized and regulated by the Financial Conduct Authority in the United Kingdom and Charlemagne Capital (IOM) Limited is licenced by the Isle of Man Financial Services Authority. Registration with the SEC does not imply a certain level of skill or training. Additional information about Fiera Capital Corporation, including the Firm's annual information form, is available on SEDAR at www.sedar.com.

 

SOURCE Fiera Capital Corporation

For further information: Daniel Richard, Senior Vice-President, Corporate Communications and Investors Relations, Fiera Capital Corporation, 514-954-6456, drichard@fieracapital.com

RELATED LINKS
http://www.fieracapital.com

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