NEW YORK, Dec. 13, 2018 /PRNewswire/ -- 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.
About Broadridge
Broadridge Financial Solutions, Inc.
(NYSE: BR), a $4 billion global
Fintech leader and a part of the S&P 500® Index, is a leading
provider of investor communications and technology-driven solutions
to banks, broker-dealers, asset managers and corporate issuers
globally. Broadridge's investor communications, securities
processing and managed services solutions help clients reduce their
capital investments in operations infrastructure, allowing them to
increase their focus on core business activities. With over 50
years of experience, Broadridge's infrastructure underpins proxy
voting services for over 50 percent of public companies and mutual
funds globally, and processes on average more than US $5 trillion in fixed income and equity trades per
day. Broadridge employs over 10,000 full-time associates in 18
countries.
For more information about Broadridge, please visit
www.broadridge.com.
Contact Information
Investors:
W. Edings
Thibault
Investor Relations
(516) 472-5129
Edings.thibault@broadridge.com
Media:
Gregg
Rosenberg
Corporate Communications
(212) 918-6966
Gregg.rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.