Broadridge Expands Leadership Roles to Enhance Fintech Growth Strategy

Broadridge Financial Solutions Enhances Leadership Structure

Broadridge Financial Solutions, Inc., recognized worldwide as a leader in fintech, has recently announced significant changes in its leadership as part of a strategic initiative to transition into a more comprehensive platform company. Effective July 1, 2025, this restructuring aims to reinforce the organization's commitment to enhancing investor communication solutions and global technology operations.

Leadership Changes

As part of this announcement, Doug DeSchutter assumes the role of President for Investor Communication Solutions (ICS). Doug’s impressive tenure at Broadridge spans over two decades, starting in 2002. During this period, he has progressed through various roles, particularly in driving digitization efforts within the organization. Notably, he was pivotal in establishing and leading the Customer Communications division. Since 2023, he has also served as Co-President of ICS. Following Doug's appointment, Mike Tae continues to manage Broadridge's Asset Management, Issuer, and Data-Driven Fund Solutions sectors, reporting directly to DeSchutter.

Similarly, Tom Carey, previously overseeing Broadridge's Global Technology Operations (GTO), is now tasked with the additional responsibility of managing the Enterprise Product Management division. Based in London, Carey has been with Broadridge's predecessor since 1992 and has extensive experience in scaling technology-driven operations globally. He has played a crucial role in forming Broadridge International and overseeing operations in India since 2024.

Vision for the Future

Tim Gokey, the CEO of Broadridge, expressed his support for the new appointments, commending DeSchutter and Carey for their capabilities in propelling digitization and technology. He emphasized that their leadership will be vital as Broadridge pursues its evolution into a platform-centric organization.

"I want to congratulate Doug and Tom on their increased responsibilities. Their proven ability to drive digitization and technology at scale makes them ideal leaders as we continue to evolve to a platform company. I am confident Doug and Tom will ensure Broadridge remains a trusted and transformative partner for our clients and the financial services industry," Gokey said.

Broadridge Financial Solutions is more than a leader in technology services; it stands as a trusted partner that powers investing, governance, and communications in the financial sector. The enhancements within leadership are geared towards driving operational resilience, boosting business performance, and transforming the investor experience.

As a recognized powerhouse within the financial services sector, Broadridge facilitates daily trading operations exceeding $10 trillion in equities, fixed income, and other securities across the globe. The company is also lauded as a certified Great Place to Work® and has a significant presence in the S&P 500 Index, employing over 14,000 associates spanning 21 countries.

For those interested in knowing more about Broadridge and staying updated on financial technology's latest trends, detailed insights and further information are accessible on their official website at www.broadridge.com. Interested parties can also explore potential collaborations or business functionalities through their various platforms.

Summary

In conclusion, the strategic elevation in responsibilities for Doug DeSchutter and Tom Carey positions Broadridge Financial Solutions to better navigate the complexities of modern financial services. Their expertise and history within the company align perfectly with Broadridge's mission to innovate continuously in a fast-evolving industry landscape, ultimately ensuring stronger, more reliable services for its clients in the financial sector.