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AI brief of an SEC Form 8-K · Raymond James Financial (RJF)

Raymond James names Paul Shoukry CEO as Paul Reilly becomes Executive Chair

Neutral Impact 4 of 5 leadership Written later

Effective at the close of the February 20, 2025 annual shareholders meeting, Paul C. Reilly stepped down as chief executive and became Executive Chair of the Board, while Paul M. Shoukry assumed the CEO role, as previously disclosed under the company's succession plan. Shareholders also elected all twelve director nominees, approved executive compensation on an advisory basis, and ratified KPMG LLP as auditor, and the Board declared a $0.50 quarterly common dividend.

Key points

  • Paul M. Shoukry became CEO and Paul C. Reilly became Executive Chair at the close of the February 20, 2025 annual meeting
  • Reilly's 2025 annual base salary was reduced from $750,000 to $500,000, effective March 1, 2025
  • Shareholders approved executive compensation with 89.39% of votes cast and ratified KPMG LLP with 96.60%
  • Quarterly common dividend of $0.50 per share is payable April 15, 2025 to holders of record on April 1, 2025

The filing

CompanyRaymond James Financial (RJF)
Form8-K, current report
Filed with the SECFeb 26, 2025, 3:39 PM ET
Accession number0000720005-25-000039

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.