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Raymond James names new C-level exec

October 1, 2019 - Raymond James Financial (NYSE: RJF) has a new chief operating officer and new leadership in the firms's asset management services division. The changes are part of a long-term succession plan, a news release said. Jeff Dowdle, who has been chief administrative officer and president of the asset management group, was named COO of the St. Petersburg-based financial services company, effective immediately. Former COO Dennis Zank retired last year. Erik Fruland, who was chief operating officer of asset management services, was promoted to president of the division. Al Caudullo, senior vice president of operations, will replace Fruland as COO in asset management services.

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