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Broadridge Financial Solutions has appointed Tim Gokey, the Company’s President and Chief Operating Officer as its new Chief Executive Officer.

In addition, the Board appointed Rich Daly, the current Chief Executive Officer, to the role of Executive Chairman of the Board. Les Brun, Broadridge’s independent Chairman of the Board, will become the Lead Independent Director. All moves will become effective on January 2, 2019.

Gokey, 57, joined Broadridge in 2010 to lead the Company’s growth initiatives. He was named Chief Operating Officer in 2012 and President in August 2017. In those roles, he led the sustained development of the Governance, Capital Markets, and Wealth Management businesses. He was also responsible for the expansion of Broadridge’s capabilities through organic investments and tuck in acquisitions that have positioned Broadridge as a global Fintech leader.

“On behalf of the Board, I am pleased to announce that, as part of a long-planned and well-orchestrated succession process, Tim Gokey will become the next Chief Executive Officer of Broadridge,” said Mr. Brun. “Tim has been instrumental in creating and executing strategies that have driven significant growth for Broadridge over the past eight years, and he is the right person to lead Broadridge into the future.

“I am also pleased that Rich Daly will remain actively involved as Executive Chairman. Rich founded our Investor Communications business and has been CEO since Broadridge became an independent company in 2007. We’re fortunate to be able to continue to benefit from his deep knowledge and passion,” Mr. Brun added.

“Tim Gokey is one of the most committed and capable leaders in Fintech,” said Mr. Daly. “He has a proven track record and has been an invaluable partner as together we have transformed Broadridge into a leading global Fintech company. He led the turnaround of our GTO business and is the primary architect of the long-term growth strategy we presented last December at our Investor Day. He has a deep understanding of our clients and has been a champion of our corporate culture and values. I am confident that Tim will build on our strong momentum in the marketplace and lead Broadridge to its next phase of growth.”

by Alex Hamilton
Alex is Senior Reporter at IBS Intelligence, follow him on Twitter or contact him at: alexanderh@ibsintelligence.com
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