RJF - Raymond James' Canadian subsidiary CEO Paul Allison steps down
Chairman and CEO of Raymond James Ltd., Paul Allison, the head of Raymond James Financial's (NYSE:RJF) Canadian subsidiary, steps down from his position as CEO, effective Dec. 31 of this year. Allison will transition to the newly created role of executive chairman to provide strategic guidance to the management team, the company says. As part of his transition plan, Allison will serve as chairman at several boards including Raymond James Ltd. and the Raymond James Canada Foundation; he will continue as chair of the Investment Industry Regulatory Organization of Canada. Executive Vice President Jamie Coulter, with 25 years at the firm, succeeds Alison as CEO where he will join the RJF Executive Committee and the board of Raymond James Ltd. The executive management team of the Raymond James Ltd. will report to Coulter including wealth management, capital markets and corporate divisions. Previously, (April 28, 2020) Raymond James Ltd. bought a
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Raymond James' Canadian subsidiary CEO Paul Allison steps down