Doris Meister named CEO of Fiduciary Trust Company

Fiduciary Trust Company has appointed Doris Meister arsenic its president and main executive, replacing Austin Shapard.

Shapard, who has led the steadfast for 12 years, volition determination into an advisory position.

He is owed to stay successful that relation until the extremity of 2026, supporting the handover with Meister and the remainder of the enactment team.

Shapard said: "It has been a privilege to pb Fiduciary implicit the past 12 years. I americium incredibly arrogant of everything our squad has accomplished unneurotic and assured the steadfast is good positioned for its adjacent section arsenic Doris and our enactment squad proceed gathering connected the beardown civilization and client-first doctrine that person ever defined Fiduciary."

The institution said the alteration follows a succession plan.

Meister has much than 35 years of acquisition successful the sector.

Before joining Fiduciary Trust arsenic enforcement chair, she was seat and main enforcement of Wilmington Trust.

Meister commented: "For much than 140 years, Fiduciary has earned its clients' spot done enduring relationships, thoughtful proposal and an unwavering committedness to acting successful their champion interests.

"I americium excited to physique connected that beardown instauration portion investing successful our people, exertion and concern capabilities to further heighten the acquisition we supply our clients."

In April, GTCR completed its acquisition of Fiduciary Company and its operating subsidiaries, which run arsenic Fiduciary Trust Company.

The Boston-based concern provides backstage wealthiness absorption and spot services to ultra-high-net-worth individuals, families and institutions.

GTCR had signed an agreement for the woody successful November past year. 

"Doris Meister named CEO of Fiduciary Trust Company " was primitively created and published by Private Banker International, a GlobalData owned brand.