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Raymond James says Paul Shoukry to become CEO in FY 2025
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Raymond James says Paul Shoukry to become CEO in FY 2025
Mar 19, 2024 2:00 PM

March 19 (Reuters) - Raymond James Financial ( RJF )

said on Tuesday Chief Financial Officer Paul Shoukry has been

appointed president and will become the firm's top boss in

fiscal year 2025.

Shoukry, who will retain his current responsibilities until

he transitions to the CEO role, would become only the fourth

chief executive in its history, according to the bank.

Outgoing CEO Paul Reilly would remain on the board as

executive chair.

The financial services firm also appointed private client

group president Scott Curtis to the role of chief operating

officer, effective Oct. 1. The current COO Jeff Dowdle will step

down at the end of the fiscal year.

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