---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-25-000189"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2025-09-08T23:59:59+00:00"
generated_at: "2026-05-17T07:47:33.466904+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources names Daniel Gamba CCO, appoints three Co-Presidents effective Oct 15

## Summary
- Daniel Gamba appointed Chief Commercial Officer and Co-President, effective Oct. 15, 2025.
- Compensation: base salary $700k, minimum bonus $5.5M, equity grants exceeding $13M.
- Adam Spector steps down as EVP Head of Global Distribution, remains CEO of Fiduciary Trust International.
- Terrence Murphy and Matthew Nicholls also appointed Co-Presidents; CEO Jennifer Johnson relinquishes President title.
- Gamba previously led Northern Trust Asset Management ($1.3T AUM) and spent 20+ years at BlackRock.

## SEC filing metadata
- accession: 0000038777-25-000189
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2025-09-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877725000189/0000038777-25-000189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877725000189/ben-20250908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-25-000189
- JSON: https://secwatch.observer/filing/0000038777-25-000189.json
- Plain text: https://secwatch.observer/filing/0000038777-25-000189.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.