logo
Share SHARE
FONT-SIZE Plus   Neg

Waddell & Reed Financial CFO Daniel Connealy To Retire - Quick Facts

Waddell & Reed Financial Inc. (WDR) announced that Daniel Connealy, 67, Senior Vice President and Chief Financial Officer, will retire from the position of Chief Financial Officer upon the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2013.

The company said that Connealy intends to continue his employment with the company in a non-executive role through June 2014 to assist in the transition of his responsibilities.

Connealy joined the company in 2004, bringing with him the experience as a CFO in the investment management industry and a long career as a partner with PricewaterhouseCoopers LLP.

In addition, the company said that its board intends to appoint Brent Bloss, 44, to succeed Connealy as Chief Financial Officer. Bloss is currently Senior Vice President-Finance, Treasurer and Principal Accounting Officer and has served in various finance and accounting roles since joining the company in 2002. Prior to joining the company, Bloss served as Senior Audit Manager with KPMG LLP.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French aircraft maker Dassault Aviation SA said Wednesday that following repeated delays, it has terminated a contract with French defense company Safran for its Silvercrest engine that was intended to power Dassault's Falcon 5X business jet. Walt Disney Co. has agreed to buy certain assets of Rupert Murdoch's Twenty-First Century Fox, Inc. for about $52.4 billion in stock, the two companies said Thursday. Immediately prior to the acquisition by Disney, 21st Century Fox will separate the Fox Broadcasting network, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off. Crypto Co., engaged in the digital currencies and blockchain sector, announced its plans to execute a 10-for-1 stock split, citing the significant growth in the value and demand for its shares amid the ongoing digital currency market boost. CEO Mike Poutre said, ""We are aware of the recent fluctuation in our stock, and want to see orderly market activity surrounding the trading of our stock."
comments powered by Disqus
Follow RTT