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Stock impact report

Federated Hermes announces two fixed-income promotions, naming next fixed-income chief investment officer and head of Municipal Bond Group

Federated Hermes, Inc. (FHI) 
Last federated hermes, inc. earnings: 4/30 04:17 pm Check Earnings Report
Company Research Source: PR Newswire
Current Deputy CIO R.J. Gallo to succeed CIO Robert Ostrowski, who will retire in MayMunicipal Bond Group Co-head Ann Ferentino to become sole head of groupPITTSBURGH, Jan. 8, 2026 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that R.J. Gallo, CFA, senior vice president and deputy chief investment officer (CIO) for global fixed income and co-head of the Municipal Bond Group, will become CIO for global fixed income, succeeding Robert Ostrowski, CFA, executive vice president and current CIO for global fixed income. Additionally, Ann Ferentino, CFA, senior portfolio manager and co-head of Federated Hermes' Municipal Bond Group, will become the sole head of the group. The moves become effective with Ostrowski's May 1, 2026, retirement and are part of Federated Hermes' long-term succession plan.As CIO, Gallo will oversee all aspects of Federated Hermes' investment processes across fixed-income products globally, which represent $10 Show less Read more
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