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

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After that, James will continu to work for the firm full time as executivd chairman ofthe board, the compant said. Reilly was named to the Raymond James Financial boarsd in 2005 and has served as chait of the audit committeee for thepast Korn/Ferry International (NYSE: KFY) is a globalp provider of talent management services. Reilly began his tenurse with the company as chairmam and chief executive officerin 2001, a release Prior to that, Reilly was chier executive officer at , a firm of more than 100,00o employees and with annual revenuex of $12 billion. Based in he was responsible for the overall strategy and implementatiom ofthe firm’s services and infrastructure globally.
Before beint named to the top postat KPMG, he ran the firm’ s financial services business and earlier had held senio management positions in its real estate consultinf group. Reilly received his bachelor’z degree and an MBA in finance fromthe , and also holdss the Certified Public Accountant designation, the company said in its release. Reill grew up in St. and James said he’s known him and his familuy since he was a youngtennis “Since then, he has demonstrated success in academia and international business, as well as, in recenr years, as a public company CEO,” said Jamezs in a prepared statement.
Duringh his three years as a boards member of RaymondJameas Financial, Reilly exhibited high financial acumen, good decision-making objectivity, “and a commitment to the valuee and tenets upon which Raymond James was founded,” James said in the Reilly will continue to serve on the RJF boards and as part of the succession transition will assumew reporting responsibilities and speciapl assignments as dictated by business need. The company’sw board has been workingh with James to expand the depth of its managemenft team and address the need for a sounrd successionplan “for some time,” the releasde said.
In the prepared statement, Reilly said he has had a specia affinity and admiration forthe company. “Witu its conservative management practices and commitment to clientsand service-oriented culture, the firm increasinglyy distinguishes itself from others in the he said in the release. He suggestexd the company is well positioned for succese inthe future. Raymond James Financial (NYSE: RJF) is a St. Petersburg-basex diversified holding company providing financiak servicesto individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers Raymond James Associates, and Raymond Jamed Ltd.
— and Raymond Jamew Investment Services Limited, a majority-owned independenty contractor subsidiary in the United have a total of morethan 5,00o0 financial advisers serving aboug 1.8 million accounts in 2,200 locationxs throughout the United States, Canada and overseas. Totao client assets are currentlhy $173 billion, of whicj about $26 billion are managed by the firm’as asset management subsidiaries.