Raymond James Taps Next CEO

March 25, 2024 by John Manganaro

Raymond James Financial announced Tuesday that Chief Financial Officer Paul Shoukry has been appointed president, effective immediately, and he is expected to become the firm’s next CEO sometime during fiscal 2025.

Once the planned succession process is complete, Shoukry would become the fourth chief executive in the company’s history, following Paul Reilly in the role. Reilly, according to the firm’s announcement, will remain on the company’s board as executive chair, while Shoukry will retain his current responsibilities until he transitions to the CEO role.

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Originally Posted at Think Advisor on March 19, 2024 by John Manganaro.