BT trustee chairman steps down from Hermes

Stephanie Baxter
clock • 1 min read

Paul Spencer, who chairs the trustee board of the BT pension scheme, is to relinquish his role as chairman of the Hermes Investment Management board later this year.

Spencer, who was ousted from the British Airways (BA) schemes last September, has held the senior Hermes role since 2011. He will be replaced in April by David Stewart who has been a non-executi...

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