Fiera Capital shocks industry with Beverly M. Bearden's board appointment
- Beverly M. Bearden appointed as an independent director of Fiera Capital effective immediately.
- She has over 30 years of experience in the financial industry, including previous roles at Natixis Investment Managers.
- Her appointment is expected to enhance Fiera Capital's governance and strategic initiatives during a significant period for the company.
On December 11, 2024, Fiera Capital Corporation, a prominent asset management firm based in Canada, announced the appointment of Beverly M. Bearden to its board of directors. This decision comes at a time when the company is actively seeking to strengthen its governance and broaden its strategic initiatives. Ms. Bearden brings over 30 years of experience within the financial sector, having previously served as Deputy Chief Executive Officer at Natixis Investment Managers. In her past roles, she demonstrated significant expertise in overseeing operational functions, compliance, public relations, and human resources at a global level. Moreover, her background includes key positions that involved direct oversight of U.S. affiliates of Natixis IM, which will be beneficial to Fiera Capital's expansion in North America. During her tenure as Deputy CEO, Bearden was integral to strategic discussions and decision-making processes, contributing to the company's overarching objectives. She was also an active participant in various committees that shaped the operational and compensation structures at Natixis. Her extensive understanding of the U.S. investment landscape and governance will position her well to aid Fiera Capital as it navigates through a competitive market. Her appointment aligns with the firm’s goal to maintain high governance standards while reinforcing its regional presence. Jean-Guy Desjardins, Chairman of the Board and Global Chief Executive Officer of Fiera Capital, expressed enthusiasm about Ms. Bearden’s addition to the board. He emphasized that her diverse skill set and substantial experience in investment management would enhance the board’s capabilities and assist in steering the company towards its strategic goals. Fiera Capital continues to seek individuals with robust professional backgrounds, and Ms. Bearden is seen as a valuable addition to their leadership team. Fiera Capital, which operates under the ticker FSZ on the Toronto Stock Exchange, is headquartered in Montreal and maintains offices in major cities worldwide, such as New York, London, Hong Kong, and Abu Dhabi. The firm specializes in investment advisory and management services, leveraging its global affiliates in various jurisdictions. This strategic hire is a decisive step for Fiera Capital as it consolidates its operations and aims to yield impactful results in the asset management sector.