Broadridge Financial Solutions, Inc. announced today that
Chief Financial Officer Edmund Reese will step down from his role effective
June 30, 2024. Reese is set to become the Chief Financial Officer of Aon, a
global professional services firm with a market capitalization of $61 billion.
In the interim, Ashima Ghei, currently the CFO of
Broadridge’s Investor Communication Solutions segment, will assume the role of
Interim Chief Financial Officer. Broadridge has initiated a search for a
permanent successor, considering both internal and external candidates.
Reese has served as Broadridge’s CFO since 2020 and has been
instrumental in driving the company’s financial performance. Under his
leadership, Broadridge’s market capitalization increased by 38% to $24 billion,
while annualized recurring revenue and Adjusted EPS grew by 11% and 12%,
respectively, from fiscal year 2020 to fiscal year 2023.
“I want to thank Edmund for his strong contributions and
leadership over the past four years. He has been a valuable partner, and I wish
him continued success in his next role,” said Tim Gokey, CEO of Broadridge. “He
leaves Broadridge poised to deliver another year of steady and consistent
growth, on track to achieve our three-year financial objectives, and
financially strong.”
Meanwhile, Broadridge
has announced the hiring of Simona Vitali, formerly the Chief Operating
Officer for Europe at Morrow Sodali, to lead the sales operations for its new
international issuer services, as reported by Finance Magnates.
Additionally, Mariana González has also joined the team as
Sales Director for International Issuer Services. These new hires have been
aimed at enhancing the company’s suite of investor communication tools across
Europe.
Search Underway for Permanent Successor
Ghei, who joined Broadridge in January 2022, is part of the
company’s Executive Leadership Team. She has previously spent 18 years at
American Express in various senior roles in Finance and Business strategy, most
recently as Head of Merchant Pricing for the Americas. Broadridge’s search for
a permanent CFO successor is currently underway.
“It has been a privilege to serve as Broadridge’s Chief
Financial Officer and contribute to its consistent growth,” said Reese. “I
depart confident that Broadridge is well-positioned to deliver on its
three-year financial objectives with a long runway for continued growth.”
Broadridge Financial Solutions, Inc. announced today that
Chief Financial Officer Edmund Reese will step down from his role effective
June 30, 2024. Reese is set to become the Chief Financial Officer of Aon, a
global professional services firm with a market capitalization of $61 billion.
In the interim, Ashima Ghei, currently the CFO of
Broadridge’s Investor Communication Solutions segment, will assume the role of
Interim Chief Financial Officer. Broadridge has initiated a search for a
permanent successor, considering both internal and external candidates.
Reese has served as Broadridge’s CFO since 2020 and has been
instrumental in driving the company’s financial performance. Under his
leadership, Broadridge’s market capitalization increased by 38% to $24 billion,
while annualized recurring revenue and Adjusted EPS grew by 11% and 12%,
respectively, from fiscal year 2020 to fiscal year 2023.
“I want to thank Edmund for his strong contributions and
leadership over the past four years. He has been a valuable partner, and I wish
him continued success in his next role,” said Tim Gokey, CEO of Broadridge. “He
leaves Broadridge poised to deliver another year of steady and consistent
growth, on track to achieve our three-year financial objectives, and
financially strong.”
Meanwhile, Broadridge
has announced the hiring of Simona Vitali, formerly the Chief Operating
Officer for Europe at Morrow Sodali, to lead the sales operations for its new
international issuer services, as reported by Finance Magnates.
Additionally, Mariana González has also joined the team as
Sales Director for International Issuer Services. These new hires have been
aimed at enhancing the company’s suite of investor communication tools across
Europe.
Search Underway for Permanent Successor
Ghei, who joined Broadridge in January 2022, is part of the
company’s Executive Leadership Team. She has previously spent 18 years at
American Express in various senior roles in Finance and Business strategy, most
recently as Head of Merchant Pricing for the Americas. Broadridge’s search for
a permanent CFO successor is currently underway.
“It has been a privilege to serve as Broadridge’s Chief
Financial Officer and contribute to its consistent growth,” said Reese. “I
depart confident that Broadridge is well-positioned to deliver on its
three-year financial objectives with a long runway for continued growth.”
