Meet the top City HR people (probably) earning 500k+
Surprisingly perhaps, Goldman Sachs' list of newly promoted partners contains two HR people: Alison L Bott, Goldman's head of 'human capital management' for Asia and EMEA, and Sally Boyle, an MD in human capital management.
Alison and Sally's elevation suggests the holy grail of the HR profession is within grasping distance - the 'seat at the top table' is hers to sit in. HR people everywhere can feel empowered.
Paul Mewis, managing director of Mewis Partners, a search firm focused on the HR market, says HR professionals in the City have been becoming more important for a while. "HR is playing a much more prominent role in the strategic management of banks than when I became a headhunter 15 years ago," he reflects.
Mewis declined to comment on how much prominent HR people earn, but another headhunter in the field said 500-700k in total compensation is normal for an EMEA head.
Bott isn't the only big HR cheese. Other banks are endowed with them too. Here are the heads of HR at other organisations in the City, plus what's known about their origins. We are not saying categorically that they all earn 500k+, merely that it's quite probable that they do.
Paul Barry: Group HR director at NM Rothschild, formerly of Schroders and JPMorgan.
Maria Bentley: Global head of human resources at UBS Investment Bank, formerly an MD at Goldman Sachs.
Michael Evans: Head of HR at Barclays Capital, formerly of GE and Pepsi, said to have been an employment lawyer in a previous life.
Timothy Gardner MD and head of HR EMEA for Credit Suisse Asset Management, thought to be moving into similar position in the investment bank.
Julia Meazzo: Senior EMEA HR person at JPMorgan (a VP); formerly worked in fixed income trading and sales, originally came from South Africa.
John Harker: HR director, Citigroup EMEA; spent 13 years working at Unilever.
Paul Hucknall: HR director at Lloyds Banking Group, formerly of Bank of America.
Tamsin Rowe: MD of international human resources at Morgan Stanley, origins unknown.
Fred Skolnick: Thought to be the new head of HR EMEA for Nomura; origins unknown.
Conrad Venter Global head of HR at Deutsche Bank, once worked for Mobil Oil, JPMorgan, and Deloitte.
Joe Weber: HR director EMEA at BAML, formerly of Dell.