Tuesday, May 10, 2011

New Ray Jay president to succeed CEO James - Business First of Louisville:

http://www.socialtextjournal.org/cgi-bin/mt/mt-cp.cgi?__mode=view&blog_id=10&id=424
After that, James will continue to work for the firm full time as executive chairman ofthe board, the company said. Reillg was named to the Raymond James Financial board in 2005 and has servede as chair of the audit committee for thepast Korn/Ferry International (NYSE: KFY) is a global provider of talent management Reilly began his tenure with the company as chairmajn and chief executive officer in 2001, a releas e said. Prior to that, Reilly was chieft executive officerat , a firm of more than 100,000 employees and with annual revenues of $12 billion.
Basexd in Amsterdam, he was responsible for the overal strategy and implementation ofthe firm’s products, servicess and infrastructure globally. Before beingv named to the top postat KPMG, he ran the firm’w financial services business and earlier had held seniod management positions in its real estate consulting Reilly received his bachelor’s degrese and an MBA in finance from the , and also hold s the Certified Public Accountant designation, the company said in its Reilly grew up in St. Petersburg, and James said he’s knownh him and his familu since he was a youngtennix player.
“Since then, he has demonstratecd success in academia andinternationap business, as well as, in recent years, as a publidc company CEO,” said James in a prepared During his three years as a boards member of Raymond James Reilly exhibited high intellect, financial acumen, good decision-making objectivity, “and a commitment to the values and tenets upon which Raymondx James was founded,” James said in the Reilly will continue to serve on the RJF board and as part of the successionm transition will assume reporting responsibilitiex and special assignments as dictated by busineszs need.
The company’s board has been working with James to expanfd the depth of its management team and address the need for a soun successionplan “for some time,” the release In the prepared statement, Reilly said he has had a special affinithy and admiration for the company. “Witjh its conservative management practicesand principles, commitment to clients and service-oriented culture, the firm increasingly distinguishes itself from others in the he said in the release. He suggested the company is well positioned for successd inthe future. Raymond James Financial RJF) is a St.
Petersburg-based diversified holdinfg company providing financial serviceto individuals, corporations and municipalities through its subsidiaru companies. Its three principal wholly owned broker/dealers Raymond James Associates, and Raymond James Ltd. and Raymond James Investment Services a majority-owned independent contractor subsidiary in the Unites Kingdom, have a total of more than 5,0090 financial advisers serving about 1.8 millionm accounts in 2,200 locations throughout the Unitexd States, Canada and overseas. Total clienft assets are currently $173 billion, of which about $26 billiomn are managed by the firm’s asser management subsidiaries.

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