Raymond James completes CEO succession: Shoukry in, Reilly becomes Executive Chair; declares $0.50 quarterly dividend

RAYMOND JAMES FINANCIAL INC

Paul C. Reilly stepped down as CEO effective Feb. 20, 2025, appointed Executive Chair; Paul M. Shoukry succeeded as CEO.
Reilly's 2025 base salary reduced from $750,000 to $500,000 effective March 1, 2025.
Shareholders elected 12 directors; say-on-pay approved by 89.39% of votes cast; KPMG ratified as auditor (96.60%).
Quarterly common dividend of $0.50 per share declared, payable April 15, 2025 to holders of record April 1, 2025.
Preferred dividend of $0.3984375 per depositary share (RJF PrB) declared, payable April 15, 2025 to record March 14, 2025.

item 5.02 item 5.07 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Paul C. Reilly

Executive Chair

RJF · RAYMOND JAMES FINANCIAL INC

Effective: 2025-02-20
Successor: Paul M. Shoukry
Filed: February 26, 2025, 6:59 PM ET

Paul C. Reilly stepped down from the chief executive officer ("CEO") role and was appointed Executive Chair of the Board of Directors.

Appointed

Paul M. Shoukry

Chief Executive Officer

RJF · RAYMOND JAMES FINANCIAL INC

Effective: 2025-02-20
Filed: February 26, 2025, 6:59 PM ET

Paul M. Shoukry simultaneously assumed the role of CEO

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul C. Reilly was appointed as Executive Chair at RAYMOND JAMES FINANCIAL INC.

Action: stepped down from CEO and appointed Executive Chair
Role: Executive Chair

Exact text from the filing

Paul C. Reilly stepped down from the chief executive officer ("CEO") role and was appointed Executive Chair of the Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul M. Shoukry changed role as Chief Executive Officer at RAYMOND JAMES FINANCIAL INC.

Action: assumed the role of CEO
Role: Chief Executive Officer

Exact text from the filing

Paul M. Shoukry simultaneously assumed the role of CEO

View on SEC.gov

RAYMOND JAMES FINANCIAL INC filing history →

Source: SEC EDGAR

accession 0000720005-25-000039

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