Broadridge Financial Solutions, Inc. announced that Jim Young, Chief Financial Officer, will be stepping down from his role to pursue an opportunity with Indigo Ag, Inc., a private company operating at the intersection of technology, markets and sustainability. Mr. Young will continue as CFO through the release of the company’s fourth quarter fiscal year 2020 earnings and will leave Broadridge on August 31, 2020.
Matt Connor, Chief Financial Officer of Broadridge’s Global Technology and Operations (“GTO”) business, will serve as Interim Chief Financial Officer until a permanent successor is named. Broadridge has initiated a search process for a permanent successor that will include both internal and external candidates and has engaged a leading executive recruitment firm to lead this process.
Recommended AI News: TeamViewer Integrates With EloView For Seamless Remote Control
“I have worked closely with Jim the past six years and thank him for his tremendous impact, leadership and partnership. I wish him great success in the next chapter of his career,” said Tim Gokey, CEO of Broadridge. “Jim leaves Broadridge financially strong, well on track to meet our financial goals for fiscal 2020 and our three-year growth targets, and well positioned for continued long-term growth.
“Matt Connor has been a strong financial leader of our GTO business over the past five years, helping to drive significant revenue and earnings growth while playing an important role in the ongoing transformation of that business. I look forward to working even more closely with him in his role as Interim CFO,” Mr. Gokey concluded.
Recommended AI News: RE5Q Appoints Bryan Dove To Its Board Of Directors
Mr. Young has served as Broadridge’s CFO since 2014, during which time the Company has achieved double-digit compound annual recurring revenue growth, mid-teens adjusted earnings growth, and was added to the S&P 500.
“It has been a privilege to work with such an exceptional team during my time at Broadridge, and the decision to step away from my role during this exciting and dynamic time of growth for the company was not an easy one,” said Young. “However, I take this next step knowing that Broadridge, led by Tim and team, will continue to be successful for years to come.”
Recommended AI News: Earnest Welcomes Victoria Hughes As Chief People Officer
Comments are closed, but trackbacks and pingbacks are open.