Make us your home page

Tom James names Paul Reilly his successor at Raymond James Financial

Tom James, one of the Tampa Bay area's highest profile business leaders as longtime CEO of Raymond James Financial, has tapped board member Paul Reilly to succeed him.

Reilly, who grew up in St. Petersburg and is executive chairman of recruiting powerhouse Korn/Ferry International, will join St. Petersburg-based Raymond James on May 1. After one year, he'll succeed James as CEO. James, 66, will continue at the company as executive chairman of the board.

Raymond James' current president, Chet Helck, will retain the role of chief operating officer, a company spokeswoman said.

Reilly has a long history in the executive recruiting and accounting worlds. Before joining Korn/Ferry as chairman and CEO in 2001, Reilly was the CEO of KPMG International, a firm of more than 100,000 employees with annual revenues of $12 billion.

Based in Amsterdam, he ran global operations for KPMG, responsible for overall strategy. Prior to that, he ran the firm's financial services business.

Reilly joined Raymond James' board in 2005, and has served as chair of its audit committee for the past year. But James' connections with Reilly stretch further back than that.

"Because he grew up in St. Petersburg, I have known Paul and his family since he was a young tennis player,'' James said. "Since then, he has demonstrated success in academia and international business, as well as, in recent years, as a public company CEO.

"During his three-year tenure as a board member of Raymond James Financial, he has exhibited high intellect, financial acumen, good decision-making skills, objectivity, and a commitment to the values and tenets upon which Raymond James was founded."

Reilly noted how, in growing up in St. Petersburg, he noticed the rise of Raymond James "from an impressive local business to one of the country's largest securities firms. I have long had a special affinity and admiration for the company and my regard for Raymond James and its executive team has only grown during my tenure as a board member.''

Tom James names Paul Reilly his successor at Raymond James Financial 03/02/09 [Last modified: Monday, March 2, 2009 5:46pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. There's a bar in Tampa where you can roller skate and eat sushi

    Food & Dining

    Roller skating, it's not just for kids birthday parties and the 1970s anymore.

    The exterior of Pattinis features this mural by Art Aliens! [Pattinis South Tampa via Facebook]
  2. Lockdown: Florida's 97,000 prison inmates confined through weekend

    State Roundup

    All of Florida's 97,000 state prison inmates are on lockdown — and will remain confined to their dorms at least through the weekend — in response to unspecified threats about possible uprisings, officials from the Florida Department of Corrections confirmed Thursday.

    Blackwater River Correctional Facility. [Florida Department of Corrections]
  3. Carnival announces five more cruises from Tampa to Cuba


    TAMPA — Carnival Cruise Line is adding five more cruises from Tampa to Cuba in 2018, Port Tampa Bay announced Thursday.

      Carnival Cruise Line announced additional cruises to  Cuba. Pictured is its Paradise cruise ship departing on its inaugural voyage to Cuba from Tampa. | [MONICA HERNDON | Times]
  4. Engage Behavioral Health expands into Wesley Chapel


    On Aug. 5, Engage Behavioral Health celebrated the grand opening of a new clinic in Wesley Chapel.

    hillsevbiz081117: Jennifer Phelps is the CEO & Founder of Engage Behavioral Health. Photo courtesy of Engage Behavioral Health.
  5. Former owner of Sirata Beach Resort purchases two Tampa Bay shopping centers

    Real Estate

    ST. PETERSBURG — After selling the Sirata Beach Resort and Conference in February, Nicklaus of Florida, Inc., has purchased two Tampa Bay shopping centers to diversify the firm's portfolio in the area. Colliers International, representing the sellers, announced the transaction this week.

    Sirata Beach Resort and Conference Center, one of Tampa Bay's last family-owned beach hotels, was sold to a Texas-based company, Crescent Real Estate LLC for $108.19 million. [LARA CERRI | Times]