---
schema_version: "secwatch.filing_event.v1"
accession: "0000720005-23-000035"
form_type: "8-K"
ticker: "RJF"
cik: "0000720005"
company_name: "RAYMOND JAMES FINANCIAL INC"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:41:44.302436+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Raymond James appoints Garcia and McDaniel to board, splits audit/risk committee

## Summary
- Art Garcia (former Ryder EVP & CFO) and Raymond McDaniel (Moody's Chairman) join board effective April 10, 2023.
- Board divides Audit and Risk Committee into separate Audit and Risk committees; Garcia on Risk, McDaniel on both.
- Each receives prorated RSU award of $165,000, vesting at first anniversary.
- Standard director compensation and indemnification agreements apply.

## SEC filing metadata
- accession: 0000720005-23-000035
- form_type: 8-K
- ticker: RJF
- cik: 0000720005
- company_name: RAYMOND JAMES FINANCIAL INC
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720005/000072000523000035/0000720005-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720005/000072000523000035/rjf-20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000720005-23-000035
- JSON: https://secwatch.observer/filing/0000720005-23-000035.json
- Plain text: https://secwatch.observer/filing/0000720005-23-000035.txt

## Key facts
- Executive change
  Art A. Garcia was appointed as Director at RAYMOND JAMES FINANCIAL INC.
  - Action: appointed
  - Role: Director
  source text: On April 3, 2023, the Board of Directors (the “Board”) of Raymond James Financial, Inc. (the “Company”) appointed Art A. Garcia, age 62, and Raymond W. McDaniel, age 65, as new members of the Board, each with terms commencing on April 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720005/000072000523000035/0000720005-23-000035-index.htm
- Executive change
  Raymond W. McDaniel was appointed as Director at RAYMOND JAMES FINANCIAL INC.
  - Action: appointed
  - Role: Director
  source text: On April 3, 2023, the Board of Directors (the “Board”) of Raymond James Financial, Inc. (the “Company”) appointed Art A. Garcia, age 62, and Raymond W. McDaniel, age 65, as new members of the Board, each with terms commencing on April 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720005/000072000523000035/0000720005-23-000035-index.htm

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