leadership
confidence high
sentiment neutral
materiality 0.65
Raymond James CEO transition: Shoukry to become CEO on Feb 20, 2025, Reilly as Executive Chair
RAYMOND JAMES FINANCIAL INC
- Paul Shoukry, current President, appointed CEO effective February 20, 2025, succeeding Paul Reilly.
- Paul Reilly will step down as CEO and become Executive Chair on that date, remaining full-time.
- The transition completes the succession plan announced in March 2024.
- Shoukry previously served as CFO until Sept 2024 and has been President since then.
- Board unanimously approved appointment; Lead Independent Director Jeff Edwards praised Shoukry.