Raymond James Financial COO Dennis Zank has announced plans to retire on 30 September 2018 after working in the company for around four decades.
Apart from holding the role of COO, Zank also served as CEO of Raymond James & Associates.
However, Zank with remain affiliated as a financial adviser in a local branch following his retirement.
Raymond James chairman emeritus and former CEO Tom James said: “From his initial job as a staff accountant 40 years ago, Dennis demonstrated superior performance and quickly progressed through operations and accounting ranks until he became its leader.
“Since he always worked closely with the Private Client Group and even had clients himself, I selected him as president of Raymond James & Associates (RJA), where he distinguished himself and proved to be an excellent leader, including overseeing key acquisitions and significant advisor recruitment.”
Raymond James CEO Paul Reilly added: “In addition to overseeing our largest businesses during an extended period of growth and success, along with many of our key support functions, Dennis has done a great job cultivating and developing a strong management team, which will ensure a smooth transition.”