Last Monday, Paul Reilly, the chair and CEO of Raymond James Financial, recently completed a stock sale, selling 50,000 shares of the company's common stock in an open market transaction, generating proceeds of approximately $8.37 million, reported Investment News.
He now directly controls 283,110 shares.
Financial Advisor reported Paul Shoukry will succeed Reilly on Feb. 20, 2025, as part of the firm’s succession plan. Reilly will remain on the company's board as executive chair.
In March, Shoukry was appointed president of Raymond James Financial. He had been the firm’s CFO sin