Paul Shoukry Assumes CEO Role at Raymond James Financial, Completing Succession from Paul Reilly

Paul Shoukry formally assumed the role of chief executive officer of Raymond James Financial on 20 February 2025, completing the leadership succession plan the US wealth management and investment banking firm had outlined nearly a year earlier. Shoukry's appointment to the top role had been publicly signalled in March 2024.

The transition brings to a close a fifteen-year tenure by Paul Reilly, who took the chief executive role in 2010. Reilly, who is 70, hands over the chief executive role and becomes executive chair.

SHOUKRY'S BACKGROUND

He served as chief financial officer of Raymond James from 2020 and was named president in March 2024, holding both roles until September 2024.

Raymond James designated Shoukry as successor in March 2024 and confirmed the February 2025 handover date in December 2024.