Raymond James CEO sees pay bump in FY 2019
January 10, 2020 - Paul Reilly, chairman and CEO of Raymond James Financial Inc., had a $13.1 million total pay package in fiscal year 2019. That was up from $11.1 million in the prior fiscal year, according to a proxy statement filed by the St. Petersburg-based financial services firm. Reilly's total compensation for the 12 months ended Sept. 30 included a $500,000 salary, a nearly $5.9 million cash bonus and stock awards valued at $6.4 million at the time they were granted. Raymond James (NYSE: RJF) said Reilly provided strong leadership that resulted in record revenue of $7.74 billion and pre-tax income of $1.03 billion. Reilly's total compensation was 138 times that of the median Raymond James' employee, who made $94,864, according to the proxy. Shareholders will cast advisory say on pay votes at the company's annual meeting Feb. 20 at its St. Petersburg headquarters.