---
schema_version: "secwatch.filing_event.v1"
accession: "0000720005-25-000039"
form_type: "8-K"
ticker: "RJF"
cik: "0000720005"
company_name: "RAYMOND JAMES FINANCIAL INC"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T04:04:15.666812+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000720005-25-000039
- form_type: 8-K
- ticker: RJF
- cik: 0000720005
- company_name: RAYMOND JAMES FINANCIAL INC
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720005/000072000525000039/0000720005-25-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720005/000072000525000039/rjf-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000720005-25-000039
- JSON: https://secwatch.observer/filing/0000720005-25-000039.json
- Plain text: https://secwatch.observer/filing/0000720005-25-000039.txt

## Key facts
- Executive change
  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
  source text: Paul C. Reilly stepped down from the chief executive officer ("CEO") role and was appointed Executive Chair of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720005/000072000525000039/0000720005-25-000039-index.htm
- Executive change
  Paul M. Shoukry changed role as Chief Executive Officer at RAYMOND JAMES FINANCIAL INC.
  - Action: assumed the role of CEO
  - Role: Chief Executive Officer
  source text: Paul M. Shoukry simultaneously assumed the role of CEO
  evidence_url: https://www.sec.gov/Archives/edgar/data/720005/000072000525000039/0000720005-25-000039-index.htm

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