Peter Harrison (businessman)

Peter Harrison was born in Cheshirehttp://FreeBMD.org.uk on 25 May 1966{{Cite web |last=Dunkley |first=Emma |date=14 June 2020 |title=Interview: Schroders' Peter Harrison rules out selling the family silver |url=https://www.thetimes.com/article/interview-schroders-peter-harrison-rules-out-selling-the-family-silver-kdp5d6rd6 |work=The Sunday Times |url-access=subscription |access-date=24 May 2024}} to Stanley G. Harrison and his wife Jennifer L. nee Harrow, who were married in Bucklow, Cheshire, in Q1 1963.http://FreeBMD.org.uk He has a sister Sally, born Q4 1968.http://FreeBMD.org.uk

Harrison studied at the University of Bath, graduating in 1988 with a degree in business administration.{{cite web|url=https://www.institutionalinvestor.com/article/b14z9qygrt4647/new-schroders-ceo-peter-harrison-inherits-a-thriving-business|title=New Schroders CEO Peter Harrison Inherits a Thriving Business|author=|date=24 March 2016|website=Institutional Investor|accessdate=30 January 2018}}

Harrison began his career at Schroders as a graduate in 1988, before moving to Newton Investment Management in 1991. Prior to returning to Schroders in 2013 as global head of equities, Harrison worked in a number of senior roles at JPMorgan, Deutsche Asset Management and latterly chairman and CEO of RWC Partners. He became head of investment at Schroders in 2014 and then CEO in 2016, when he succeeded Michael Dobson, who had been CEO for 15 years and became the chairman.{{cite web|last=White |first=Josh |url=https://uk.finance.yahoo.com/news/schroders-books-solid-earnings-growth-103300880.html |title=Schroders books solid earnings growth, names new CEO - Yahoo Finance UK |website=Uk.finance.yahoo.com |date=2016-03-03 |accessdate=2016-04-12}} Dobson's move from CEO to chairman was widely criticised, for example in The Independent, "City in uproar as Schroders tycoons flout the rules on good governance".{{cite web|url=https://www.independent.co.uk/news/business/news/city-in-uproar-as-schroders-tycoons-flout-the-rules-on-good-governance-a6910161.html |archive-url=https://ghostarchive.org/archive/20220526/https://www.independent.co.uk/news/business/news/city-in-uproar-as-schroders-tycoons-flout-the-rules-on-good-governance-a6910161.html |archive-date=2022-05-26 |url-access=subscription |url-status=live|title=City in uproar as Schroders tycoons flout the rules on good governance|author=|date=3 March 2016|website=independent.co.uk|accessdate=30 January 2018}}

Harrison faced controversy in April 2020 when Schroders announced it would pay him £9 million, an increase of 39% on his salary the previous year. It was announced in the midst of the coronavirus lockdown, while Schroders was urging companies to keep executive pay under control.{{Cite web|last=Tasman-Jones|first=Jessica|date=2020-06-15|title=Schroders boss responds to £9m coronavirus pay controversy|url=https://portfolio-adviser.com/schroders-boss-responds-to-9m-coronavirus-pay-controversy/|access-date=2020-09-18|website=Portfolio Adviser|language=en-GB}} Harrison responded to the controversy by pledging to donate a portion of his salary and bonus for the year 2020 to charity. Schroders further responded by introducing a collective action scheme, encouraging its employees to do the same.{{cite web |last1=Martin |first1=Ben |title=Schroders boss Harrison to donate £630,000 in pay to charity |url=https://www.thetimes.com/business-money/markets/article/schroders-boss-harrison-to-donate-630-000-in-pay-to-charity-9dbdq3vzm |work=The Times |access-date=14 November 2020}}

Harrison is a member of the UK Treasury’s Asset Management Taskforce,{{Cite web |title=Government's asset management taskforce revamped |url=https://www.gov.uk/government/news/governments-asset-management-taskforce-revamped |access-date=2023-01-26 |website=GOV.UK |language=en}} the Investment Association Board,{{Cite web |title=Board |url=https://www.theia.org/about-us/board |access-date=2023-01-26 |website=The Investment Association |language=en}} the Capital Markets Industry Taskforce{{Cite web |title=UK capital market reform set to receive boost as Chancellor welcomes new Taskforce |url=https://www.lseg.com/en/media-centre/press-releases/2022/uk-capital-market-reform-set-receive-boost-chancellor-welcomes-new-taskforce |access-date=2023-01-26 |website=www.lseg.com |language=en}} and the FCA Market Practitioner Panel.{{Cite web |last=Panel |first=Markets Practitioner |title=Panel members |url=https://www.fca-mpp.org.uk/fcamp---members |access-date=2023-01-26 |website=www.fca-mpp.org.uk |language=en}}

He is on the board of directors of FCLT Global{{Cite web |date=2020-07-16 |title=Board of Directors |url=https://www.fcltglobal.org/board-of-directors/ |access-date=2023-01-26 |website=FCLTGlobal |language=en-US}} and the advisory boards of venture capital firm Antler, the Harvard University Impact Board{{Cite web |title=Advisory Councils - Impact-Weighted Accounts - Harvard Business School |url=https://www.hbs.edu/impact-weighted-accounts/advisory-councils/Pages/default.aspx |access-date=2023-01-26 |website=www.hbs.edu}} and City UK.{{Cite web|url=https://www.thecityuk.com/about-us/advisory-council/|title=Advisory Council {{!}} TheCityUK|website=www.thecityuk.com|access-date=2018-01-29}}

Harrison was previously the chairman of the Investment Association board.{{Cite web|url=https://www.theinvestmentassociation.org/media-centre/press-releases/2017/investment-association-appoints-peter-harrison-to-lead-board.html|title=Investment Association appoints Peter Harrison to lead board {{!}} Investment Association|website=www.theinvestmentassociation.org|access-date=2018-01-29}}  He also sat on the Takeover Panel and the Prime Minister’s Financial and Professional Services’ Business Council.

In 2017 Harrison was awarded an honorary doctorate by the University of Bath.{{Cite web|url=http://www.bath.ac.uk/corporate-information/mr-peter-harrison-oration/|title=Mr Peter Harrison: Oration|website=www.bath.ac.uk|language=en|access-date=2018-01-29}} He is also a member of the Diversity Project{{Cite web|url=http://diversityproject.com/team/peter-harrison|title=Peter Harrison {{!}} Diversity Project|website=diversityproject.com|language=en|access-date=2018-01-29}} and part of the Embankment Project for Inclusive Capitalism.{{Cite web|url=https://www.inc-cap.com/bio/peter-harrison/|title=Coalition for Inclusive Capitalism: Peter Harrison|website=Coalition for Inclusive Capitalism|language=en-US|access-date=2018-01-29}} He is involved in improving diversity and inclusion, and was ranked ninth in the 2018 Financial Times 50 Male Champions of Women in Business - part of the FT's annual HERoes.{{cite web |title=HERoes ranking: champions of women in business |url=https://www.ft.com/content/6ad9144c-93d4-11e7-a9e6-11d2f0ebb7f0 |website=Financial Times |accessdate=3 October 2018}} He is also an OUTstanding Top 50 Ally Executive.{{Cite web |date=26 October 2017 |title=The OUTstanding lists: LGBT leaders and allies today |url=https://www.ft.com/content/b6a08ba0-b40c-11e7-aa26-bb002965bce8 |access-date=12 September 2023 |website=Financial Times |language=en-GB}} Harrison was included in Debrett's 500 most influential people,{{Cite news|url=https://www.debretts.com/debretts-500-2017/finance/|title=Finance - Debrett's|work=Debrett's|access-date=2018-01-29|language=en-GB}} and was shortlisted for Advocate of the Year at the Women in Finance awards.{{Cite news|url=http://www.womeninfinance.co.uk/2017-winners/|title=Winners - 2017 Women in Finance Awards|work=Women in Finance Awards|access-date=2018-01-29|language=en-GB}}

Harrison is a patron of The Prince's Trust{{Cite web|url=https://www.princes-trust.org.uk/support-our-work/patrons|title=Roll of Patrons {{!}} Support our work {{!}} The Prince's Trust|website=www.princes-trust.org.uk|language=en|access-date=2018-01-29}} and served as a trustee of the Game and Wildlife Conservation Trust.

At the Greenwich Royal Observatory there is the Peter Harrison Planetarium.

At the Scout Headquarters at Gilwell Park there is the Peter Harrison Lodge.https://www.scoutadventures.org.uk/sites/default/files/2022-05/Scout%20Adventures%20Gilwell%20Park%20-%20Peter%20Harrison%20Lodge%20information.pdf His Peter Harrison Foundation also supports - among many others - the Royal British Legion.https://peterharrisonfoundation.org/grant/the-royal-british-legion/

He was married to Susan nee Ford in Warrington in 1989,http://FreeBMD.org.uk and they have two children.{{Cite web|url=https://www.thetimes.com/article/interview-schroders-peter-harrison-rules-out-selling-the-family-silver-kdp5d6rd6|title=Interview: Schroders' Peter Harrison rules out selling the family silver|first=Emma|last=Dunkley|via=www.thetimes.co.uk}}

{{Reflist}}

{{DEFAULTSORT:Harrison, Peter}}

Category:1966 births

Category:Living people

Category:Alumni of the University of Bath

Category:British chief executives of financial services companies

Category:Schroders people