Raymond James’s Financial Board of Directors has named Morgan Keegan Chief Executive John Carson to the role of president, the firm announced on Friday.
Plans to appoint Carson to that role were first disclosed in January, when Raymond James also sealed an agreement to acquire Morgan Keegan. With the appointment, Carson will also oversee the firm’s fixed income and public finance businesses.
The news follows Raymond James & Associates’ creation of a new divisional and leadership structure for its Private Client Group earlier this month, which gave certain Morgan Keegan executives leadership roles.
With Carson’s appointment, Raymond James’s executive committee includes:
Paul Reilly, chief executive of Raymond James Financial;
Dennis Zank, chief operating officer of Raymond James Financial and chief executive of Raymond James & Associates;
Jeffrey P. Julien, chief financial officer and executive vice president, finance, and treasurer, Raymond James Financial;
Chet Helck, executive vice president, Raymond James Financial, CEO, Global Private Client Group;
John Carson, president, Raymond James Financial, chief executive and executive managing director, Morgan Keegan and Co.;
Paul Allison, chairman, president and chief executive, Raymond James Ltd.;
Jeffrey E. Trocin, executive vice president, equity capital markets, Raymond James & Associates
Bella Loykhter Allaire, executive vice president, technology and operations, Raymond James & Associates;
Steve Raney, president and CEO, Raymond James Bank; and
Jeff Dowdle, president, asset management services, senior vice president, Raymond James & Associates.
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