Raymond James Financial increased the compensation for outgoing CEO Paul C. Reilly to $24.05 million for the 2024 fiscal year, reported Advisor Hub, citing the company's annual proxy filing on Wednesday.
The total represents a 17 percent increase from $20.55 million in 2023.
Reilly's actual earnings for 2024, which include previously earned bonuses that vested last year, totaled $23.08 million — down 34 percent from $34.9 million in 2023, a figure elevated by a succession award.
