Industry veteran brings extensive background in leading human resources, DEI, and talent strategies

PHILADELPHIA – Janney Montgomery Scott LLC, a leading full-service wealth management, capital markets, and asset management firm, has named Margolit Hillsberg its Chief Human Resources Officer, effective January 1, 2022. She will also join the firm’s Executive Committee. 

Margolit will be responsible for advancing Janney’s people and culture goals and objectives, spanning diversity, equity and inclusion, talent development, total rewards, recruiting and retention, among other areas. She joins the firm as part of a planned transition process with Joe Timmins, Janney’s current Head of Human Resources, announcing his retirement at the end of this year. He will continue to serve as a special advisor through the first quarter of 2022. 

“Maintaining an inclusive culture that develops and retains innovative, resilient, and diverse teams remains an important objective of our firm. We’re thrilled to have Margolit join our team to support these efforts. She is a proven leader whose extensive background will provide insights and perspectives to help further Janney as an employer of choice among top talent in our industry. I would also like to thank Joe Timmins for his leadership and contributions over the last 10 years,” said Tim Scheve, President and Chief Executive Officer.

“Janney has an established history of excellence and an exciting future, built on strong core values, including keeping people at the center. I’m looking forward to helping advance the firm’s efforts to meet our clients’ and employees’ needs with a people-focused culture,” Margolit said.  

Margolit has extensive experience in HR, DEI, and talent management strategies. Before joining Janney, she most recently was Chief Human Resources Officer at Citadel Credit Union, and she has also held senior HR positions at Comcast and PricewaterhouseCoopers. Margolit is an accomplished public speaker and published author on HR best practices. She is actively involved in her local community, currently serving on the Board of Community Volunteers in Medicine and the DEI and Award committees of the Forum of Executive Women.


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Bradd DelMuto

Director, Corporate Communications

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