FinTech giant Broadrigdge Financial Solutions has announced its current president, Tim Gokey, will take the reigns as chief executive officer (CEO) from 2 January 2019.
Gokey, who has served as president since 2017 and chief operating officer (COO) since 2012, replaces Rich Daly who will be appointed executive chairman of the board.
“He [Gokey] has a proven track record and has been an invaluable partner as together we have transformed Broadridge into a leading global FinTech company,” said Daly.
“He led the turnaround of our GTO business and is the primary architect of the long-term growth strategy we presented last December at our Investor Day. He has a deep understanding of our clients and has been a champion of our corporate culture and values.”
Since joining Broadridge, Gokey had led the development of the company’s governance, capital markets and wealth management businesses. He was also responsible for the expansion of Broadridge’s capabilities through internal investments and acquisitions.
Meanwhile, Daly had served as CEO of Broadridge since it was spun off from Automatic Data Processing in 2007.
Under his leadership, revenues for Broadridge has more than doubled to reach $4.3 billion with a market capitalisation of $15.9 billion.