Fintech firm Broadridge Financial Solutions announced Wednesday that Tim Gokey, the firm’s president and chief operating officer, will become CEO, replacing Rich Daly, who will take on the role of executive chairman of the board.
The moves become effective on Jan. 2, 2019. Les Brun, Broadridge’s independent chairman of the board, will become the fintech firm’s lead independent director at that time.
Gokey said in a statement that he was “humbled and excited to lead Broadridge on its next stage of growth,” adding that the firm “will build on our position as a fintech and innovation leader by continuing to invest for the long term in our technology platforms, broaden our product set and deliver network value to our clients.”
In his new role, Daly will lead the board “and support several important regulatory initiatives for which he has enormous passion, including digital and retail investor engagement,” Gokey added.
Gokey, 57, joined Broadridge in 2010 to lead the company’s growth initiatives.