Publicly listed fintech company Broadridge Financial Solutions on Monday named Edmund Reese its new CFO, effective November 30.
Reese joins Broadridge from American Express, where he most recently served as senior vice president and CFO of the Global Consumer Services Group, the company's largest business unit.
"I am thrilled to join Broadridge, a company I admire as an innovative fintech leader well-positioned for long-term growth,” Reese said in the press release. "I look forward to working with Tim [Gokey, CEO] and the rest of the leadership team to continue to move Broadridge forward and generate value for its associates, clients and shareholders."
"I've spent my entire career working in financial services, with a focus on finance and client service, which [gives me] a deep understanding of Broadridge's key client segments across Wealth Management, Mutual Funds, Banks and Corporate Issuers," Reese told CFO Dive. "The critical lessons I hold dear are working across all parts of the business — product, sales, marketing, risk, and so on — to help create value."
Reese played a key role in the success of AmEx's consumer business with responsibility across investments, M&A, product launches, contract negotiations, strategy and operations, the company said. During his 11 years at AmEx, Reese held several financial leadership positions, including SVP, head of investor relations and CFO positions across the Global Lending, Travel, and Global Business Services businesses.
Reese began his career in 1997 as CFO of the corporate client group at Smith Barney before stepping in as CFO of private banking and U.S. wealth management at Merrill Lynch in 2005.
"Finance and technology are becoming ever more entwined and I pay careful attention to fintech companies that are agile and innovative in creating partner solutions that help strengthen their network," Reese said. "I am particularly attracted to those [with] end-to-end solutions [cutting] across the entire ecosystem, and Broadridge ... provides industry solutions and critical infrastructure underpinning governance and communications, capital markets, wealth and asset management."
"I am pleased to welcome Edmund to our leadership team," Broadridge CEO Tim Gokey said in a statement. "He 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."
Matt Connor, who had been serving as Broadridge's Interim CFO, will return to his role as CFO of the company's Global Technology and Operations team. Connor ascended to the interim finance chief position in August, after Jim Young, Broadridge's CFO of six years, departed for the same role at food sustainability firm Indigo.
"Matt played a critical role in delivering strong first quarter results, which have enabled us to begin to ramp up our planned investments and position us for continued growth," Gokey said.