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Raymond James Financial logoRaymond James Financial RJF

The company said on May 21, 2025 that its Board of Directors appointed Mark W. Begor, 66, as a director with immediate effect and assigned him to the Audit Committee and Risk Committee. It said the Board determined he is an independent director and that the Board size increased from 12 to 13 members.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said on May 21, 2025 that its Board of Directors appointed Mark W. Begor, 66, as a director with immediate effect and assigned him to the Audit Committee and Risk Committee. It said the Board determined he is an independent director and that the Board size increased from 12 to 13 members.

  2. Raymond James said Begor has served as Chief Executive Officer of Equifax Inc. and as a member of its board since April 2018. Before that, he was a Managing Director at Warburg Pincus from June 2016, and he spent 35 years at General Electric Company.

  3. The company said Begor was granted restricted stock units under the standard fee arrangements for non-executive directors, with a prorated value of $150,000, and that the units will vest in full at the 2026 Annual Meeting of Shareholders. It said there are no arrangements or understandings tied to his selection and no transactions requiring disclosure under Item 404(a).

  4. The company said on May 21, 2025 its Board declared a quarterly dividend of $0.50 per share of common stock, payable on July 15, 2025 to shareholders of record on July 1, 2025. It also said the Series B preferred depositary shares will receive $0.3984375 per depositary share, payable on July 1, 2025 to holders of record on June 13.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Board Appoints Mark W. Begor as Director and Committee Assignments

The company said on May 21, 2025 that its Board of Directors appointed Mark W. Begor, 66, as a director with immediate effect and assigned him to the Audit Committee and Risk Committee. It said the Board determined he is an independent director and that the Board size increased from 12 to 13 members.

Source · Based on the filing body and exhibits

Begor's Career: Equifax CEO, Warburg Pincus and GE

Raymond James said Begor has served as Chief Executive Officer of Equifax Inc. and as a member of its board since April 2018. Before that, he was a Managing Director at Warburg Pincus from June 2016, and he spent 35 years at General Electric Company.

Source · Based on the filing body and exhibits

Begor Compensation and Appointment Arrangements

The company said Begor was granted restricted stock units under the standard fee arrangements for non-executive directors, with a prorated value of $150,000, and that the units will vest in full at the 2026 Annual Meeting of Shareholders. It said there are no arrangements or understandings tied to his selection and no transactions requiring disclosure under Item 404(a).

Source · Based on the filing body and exhibits

Declaration of Common and Series B Preferred Stock Dividends

The company said on May 21, 2025 its Board declared a quarterly dividend of $0.50 per share of common stock, payable on July 15, 2025 to shareholders of record on July 1, 2025. It also said the Series B preferred depositary shares will receive $0.3984375 per depositary share, payable on July 1, 2025 to holders of record on June 13.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.