Raymond James Financial (RJF) just unveiled an announcement.
Raymond James Financial, Inc. has appointed CFO Paul M. Shoukry as President, with plans for him to take over as CEO following Paul C. Reilly’s retirement. Shoukry, who has been with the company since 2010 and is noted for his extensive financial management experience, will maintain his CFO responsibilities until he ascends to CEO. Additionally, COO Jeffrey A. Dowdle is set to retire, and Scott A. Curtis, currently President of the Private Client Group, will succeed him as COO, with Dowdle transitioning to an advisory role to ensure continuity. Compensation for both new appointments will be determined by the Company’s Compensation and Talent Committee.
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