secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0000038777-25-000189
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877725000189/0000038777-25-000189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877725000189/ben-20250908.htm
  HTML page:      https://secwatch.observer/filing/0000038777-25-000189

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