New president and CEO for Raymond James

by Richard Kilner

Story link: New president and CEO for Raymond James

Chairman and chief executive officer of Raymond James Financial, Thomas A. James, has announced that he is to be succeeded by Paul Reilly.

Reilly will join the firm on 1 May as president, and one year after that will assume James’ position of CEO.

James will however retain his post as executive chairman on a full-time basis.

Over the course of the next year Reilly will remain on the board as the transition process unfolds.

Reilly has served on the firm’s board since 2005, and is presently executive chairman of Korn/Ferry International, a talent management solutions firm.

Earlier in his career he held the role of CEO of KPMG International, and prior to that ran KPMG’s financial services business.