New Ray Jay president to succeed CEO James - Tampa Bay Business Journal:

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After that, James will continue to work for the firm full time as executivwe chairman ofthe board, the company Reilly was named to the Raymondf James Financial board in 2005 and has served as chairt of the audit committee for the past Korn/Ferry International (NYSE: KFY) is a globao provider of talent management services. Reilly beganh his tenure with the companhy as chairman and chief executive officerin 2001, a releasse said.
Prior to that, Reillyu was chief executive officerat , a firm of more than 100,000p employees and with annual revenues of $12 Based in Amsterdam, he was responsible for the overall strategy and implementation of the firm’ products, services and infrastructure globally. Beforse being named to the top postat KPMG, he ran the firm’zs financial services business and earlier had held senior managementt positions in its real estate consulting Reilly received his bachelor’s degree and an MBA in financse from the , and also holdxs the Certified Public Accountant the company said in its release. Reilly grew up in St.
Petersburg, and James said he’sd known him and his family since he was a yountgtennis player. “Since then, he has demonstrated succes s in academia andinternational business, as well as, in recent years, as a public company CEO,” said Jamex in a prepared statement. During his three years as a boarde member of RaymondJames Financial, Reilly exhibited high financial acumen, good decision-making skills, objectivity, “and a commitmenrt to the values and tenets upon which Raymond James was founded,” James said in the release.
Reillu will continue to serve on the RJF boared and as part of the succession transition will assume reporting responsibilities and special assignments as dictateds bybusiness need. The company’s boar d has been working with Jamess to expand the depth of its management team and addressz the need for a sound successionplan “fodr some time,” the release said. In the preparedd statement, Reilly said he has had a special affinity and admiration forthe company.
“Witgh its conservative management practices and commitment to clientsand service-oriented culture, the firm increasingly distinguishesd itself from others in the he said in the He suggested the company is well positioned for succeses in the future. Raymond James Financial RJF) is a St. Petersburg-based diversified holdinvg company providing financial servicesto individuals, corporations and municipalitie through its subsidiary companies. Its threr principal wholly owned broker/dealers — Raymonxd James Associates, and Raymond James Ltd.
— and Raymond James Investmen Services Limited, a majority-owned independent contractor subsidiarg in theUnited Kingdom, have a total of more than 5,0090 financial advisers serving abouyt 1.8 million accounts in 2,200 locations throughout the Unitef States, Canada and overseas. Total client assets are currentlt $173 billion, of which about $26 billion are managed by the firm’sd asset management subsidiaries.