Raymond James CEO takes pay cut
January 11, 2021 - Raymond James CEO Paul Reilly's pay was cut by about 17 percent in 2020, the St. Petersburg-based financial services firm revealed in a proxy statement filed with the Securities and Exchange Commission last week. Reilly, who has led Raymond James for nearly 11 years, was paid a total of $11,131,000 last year, down from $13,351,875 in 2019. Although the company’s gross revenue increased from $7.69 billion in 2019 to $7.76 billion last year, earnings dropped from $1.03 billion to $818 million, a decline of nearly 21 percent.