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Broadridge Announces Expanded Roles for Senior Leaders

1. Broadridge appointed Doug DeSchutter as President, Investor Communication Solutions. 2. Tom Carey adds Enterprise Product Management to his responsibilities. 3. Leadership changes support Broadridge's evolution into a platform company. 4. Both leaders have extensive experience in technology and operations. 5. Broadridge continues to enhance its digitization and technology capabilities.

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FAQ

Why Bullish?

Leadership changes often correlate with strategic growth and innovation, enhancing stock value. For instance, when similar leadership shifts occurred in other tech firms, stocks frequently saw positive adjustments.

How important is it?

The ability of leadership to drive digitization and technology is critical for BR's growth and competitive positioning.

Why Short Term?

The immediate effects of leadership changes can quickly influence investor sentiment and stock performance, as seen during past transitions at tech-oriented companies.

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Doug DeSchutter and Tom Carey to take on new responsibilities , /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced expanded roles for two senior members of its leadership team to support Broadridge's continued evolution to a platform company. The changes are effective as of July 1.  Doug DeSchutter has been named President, Investor Communication Solutions ("ICS"). Doug has been with Broadridge and its predecessors since 2002. He has held a variety of roles of increasing responsibility, with a particular focus on digitizing communications. He was instrumental in creating and leading Broadridge's Customer Communications business, and in 2023 he became Co-President of Broadridge's Investor Communication Solutions segment ("ICS"). Mike Tae, who has served as Co-President of ICS since 2023, will lead continue to lead Broadridge's Asset Management, Issuer, and Data-Driven Fund Solutions businesses, reporting to Mr. DeSchutter.  Tom Carey, President of Broadridge's Global Technology & Operations segment ("GTO"), will now also oversee Broadridge's Enterprise Product Management organization. Based in London, Tom has been President of GTO since 2018 and in 2024 assumed oversight of Broadridge's operations in India. Mr. Carey joined a predecessor company in 1992 in Technology and has deep experience leading and scaling technology-driven businesses globally. He was instrumental in creating and building Broadridge International before assuming his current role.  "I want to congratulate Doug and Tom on their increased responsibilities," said Tim Gokey, CEO of Broadridge. "Their proven ability to drive digitization and technology at scale make them ideal leaders as we continue to evolve to a platform company. I am confident Doug and Tom will ensure Broadridge remains a trusted and transformative partner for our clients and the financial services industry." About Broadridge Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.  Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com.  Broadridge Contacts: Investors:[email protected]                                                            Media:Gregg RosenbergGlobal Head of Corporate Communications[email protected]  SOURCE Broadridge Financial Solutions, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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