Sustainability. We mean it.


Richard Novak

Richard Novak

Non-Executive Director

Richard A Novak – Principal Accounting Officer and Vice President of Federated Hermes, Inc. Rich is a director and President of Federated Investors Trust Company; director and Vice President of FII Holdings, Inc. and Senior Vice President of Federated Investors Management Company.  Rich is also a director, treasurer, assistant treasurer and/or assistant company secretary of various subsidiaries and offshore funds managed by Federated Hermes, Inc.

Prior to this appointment, Rich was the Fund Treasurer of Federated’s domestic funds from January 2006 until April 2013.  In this role, he had the responsibility for all financial aspects of the funds, including financial reporting, security valuation, fund accounting, fund tax, client compensation and expense projection and approval.  Rich was the Controller of Federated Investors, Inc. from 1997 through 2005. In this capacity, Rich had responsibility for overseeing Federated’s domestic and international internal and external reporting, accounts payable, accounts receivable, client compensation and treasury functions.  Rich joined Federated in 1995 as Vice President of Finance for Federated Services Company.

Prior to joining Federated, Rich was an auditor at Arthur Andersen & Company and held various finance‑related positions at The Mercy Hospital of Pittsburgh. Rich is a graduate of The Pennsylvania State University where he received his Bachelor of Science degree in Accounting.  Rich was awarded his Master of Business Administration degree from Robert Morris College. Rich is a Certified Public Accountant.