U.S.-based fintech Broadridge Financial Solutions announced on Monday it has appointed Edmund Reese as its new Chief Financial Officer, effective on November 30th. Reese reportedly joins Broadridge from American Express, where he most recently served as Senior Vice President and CFO of the Global Consumer Services Group. Prior to joining American Express, Reese held senior finance positions at Merrill Lynch and Citigroup Smith Barney.
While sharing details about the appointment, Tim Gokey, CEO of Broadridge, stated:
“[Reese] is a world-class finance executive whose deep experience across financial services and client-focused mindset make him the ideal choice to lead our finance organization. Edmund has a proven track record of delivering results and creating shareholder value. I look forward to partnering with him to execute on our growth strategy and deliver value for our stakeholders.”
Broadridge further revealed that Matt Connor, the company’s Interim CFO, will return to a previously planned, expanded executive role on the company’s Global Technology and Operations (GTO) leadership team and will work closely with Reese during the transition. Reese spoke about his new position by noting:
“I am thrilled to join Broadridge, a company I admire as an innovative Fintech leader that is well-positioned for long-term growth. I look forward to working with Tim and the rest of the leadership team to continue to move Broadridge forward and generate value for its associates, clients and shareholders.”
The appointment comes just days after Broadridge reportedly expanded its partnership and gave a multi-year investment to global network for illiquid assets, LiquidX. As previously reported, LiquidX revealed through the partnership Broadridge will provide it with strategic operational services for payment processing, account reconciliation, back-up services, and global operational scalability. The collaboration will also see the duo contribute to additional strategic opportunities in line with LiquidX’s strategy of providing a holistic set of trade finance and working capital solutions.