Appoints Former H&R Block Retail Tax President and McKinsey Partner
SVP and Chief Corporate Development Officer
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that the
former President of H&R Block’s Retail Tax Services, Timothy C. Gokey,
has joined the company as Senior Vice President and Chief Corporate
Development Officer.
Mr. Gokey, 48, also a former McKinsey partner, will assist in driving
Broadridge’s continued growth by identifying strategic growth
opportunities that maximize Broadridge’s assets. He will also lead
efforts to prioritize Broadridge’s high-value potential acquisitions and
joint ventures.
“With the extraordinary background Tim brings to our company, we
anticipate he will materially add to – and accelerate – our continuing
growth,” said Richard J. Daly, Chief Executive Officer, Broadridge. “Tim
has a demonstrable record of success and his experience in leading H&R
Block’s Retail Tax Business as well as co-founding the CRM practice at
McKinsey, will further enhance our strong service reputation,” Mr. Daly
explained.
At H&R Block, where he had direct responsibility for $3.7 billion in
revenue and over $900 million in pre-tax profit, Mr. Gokey directed
company and franchise operations, international, financial products, and
corporate marketing. During his five year tenure, he significantly
improved both revenues and profitability while refocusing Block on its
Tax Professionals. Among his accomplishments were reshaping H&R Block's
field management team, building a new product pipeline, improving
end-to-end client service, expanding Block’s distribution platform, and
re-positioning the brand.
“Joining Broadridge, which is both the market leader and on the move, is
a perfect fit for my experience and goals,” Mr. Gokey said. “Broadridge
has significant growth opportunities and I anticipate making significant
contributions to that effort,” he added.
Before joining H&R Block, Mr. Gokey was a partner at McKinsey & Company.
In his 15 years there, he led the firm's North American Financial
Institutions Marketing and Sales practice. Earlier, he co-founded and
led McKinsey's North American CRM practice. In both of these roles, he
worked with leading financial services companies on a broad range of
strategic and operational initiatives.
Mr. Gokey holds a doctorate in finance and a combined bachelor’s and
master’s degree in philosophy, politics, and economics from Oxford
University, where he studied as a Rhodes Scholar. He completed his
undergraduate degree in management engineering and public affairs from
Princeton University, where he was Phi Beta Kappa.
About Broadridge
Broadridge is a technology services company focused on global capital
markets. Broadridge is the market leader enabling secure and accurate
processing of information for communications and securities transactions
among issuers, investors and financial intermediaries. Broadridge builds
the infrastructure that underpins proxy services for over 90% of public
companies and mutual funds in North America; processes more than $3
trillion in fixed-income and equity trades per day; and saves companies
billions annually through its technology solutions.
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Source: Broadridge Financial Solutions, Inc.