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NEW YORK, N.Y., December 13, 2018— Broadridge Financial Solutions, Inc. (NYSE:BR) is pleased to announce that its Board of Directors has elected Tim Gokey, Broadridge’s current President and Chief Operating Officer and incoming Chief Executive Officer, as a Director of the Company on December 12, 2018. The effective date of both the Board seat and CEO transition will be January 2, 2019. Following his election, Broadridge’s Board will consist of 10 members, eight of whom are independent.
As previously announced on September 12, 2018, Mr. Gokey has been appointed to the role of CEO and Rich Daly, the current CEO, has been appointed 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 are effective on January 2, 2019.
“We are pleased to welcome Tim to the Broadridge Board of Directors. He has been a champion of our corporate culture and has a deep understanding of our clients,” said Mr. Brun. “We look forward to Tim’s involvement and engagement with the Board as he has been instrumental in creating and executing strategies that have driven significant growth for Broadridge.”
Mr. Gokey, 57, joined Broadridge in 2010 to lead the Company’s growth initiatives. He was named Chief Operating Officer in 2012 and President in 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.
Mr. Gokey will not receive any additional compensation in connection with his role as a Board member, and he will not serve as a member of any of the Company’s three standing Board committees, which are comprised solely of independent directors.
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.
For more information about us, please visit www.broadridge.com.
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