Richard Talbot is the new CEO of Bristol Gate Capital Partners Inc., the Toronto-based investment management company announced on Wednesday.
In his new role, Talbot will assume overall responsibility for leading and executing the firm’s strategy.
He will join Bristol Gate co-founder Richard Hamm to form a team to chart the future direction and growth of Bristol Gate’s business.
As part of the firm’s succession plan, Hamm becomes executive chairman effective immediately. Bill L’Heureux will move from the role of chairman to lead director.
“Talbot will become a director of the firm and make a significant direct investment in Bristol Gate and its funds,” the company says in a news release.
“We are delighted to welcome Richard to Bristol Gate,” said Hamm, in a statement. “With his deep capital markets and investment research experience, it is no surprise he has built a first class reputation for exceptional performance.”
Talbot was most recently the chief operating officer for RBC Capital Markets, where he had global responsibility for operational and administrative activities including optimizing cost base management and leading regulatory change. Prior to this, he was co-head of RBC’s global research team.
Talbot is a chartered professional accountant (Gold Medalist, Atlantic) and a chartered financial analyst. He has honors and masters degrees (both with distinction) in business administration from the Ivey Business School, Western University, in London, Ont.
Talbot is chairman of the advisory council, CFA Society Toronto and past board member of CFA Society Toronto and the advisory council of Women in Capital Markets.
Bristol Gate Capital Partners is an independent, employee-owned, Toronto-based investment management company serving individual and institutional clients. It currently manages $1.1 billion in assets under administration in a U.S. equity strategy and Canadian equity strategy and recently launched ETFs following both strategies.