NEW YORK - Broadridge Financial Solutions , Inc. (NYSE: NYSE:BR), a prominent Fintech company, announced the appointment of Hope Jarkowski as its new Chief Legal Officer, effective May 6, 2024. Jarkowski, who will succeed Keir Gumbs following his departure in November 2023, is set to manage Broadridge's legal, compliance, regulatory, and government affairs.
In her upcoming role, Jarkowski will also serve as the main legal advisor to the company's senior management and Board of Directors. Her responsibilities will extend to guiding internal policy efforts and participating on the Broadridge Foundation Board, Risk Committee, and Environmental, Social, and Governance (ESG) Committee.
Tim Gokey, CEO of Broadridge, expressed confidence in Jarkowski's capabilities, citing her established leadership and deep expertise in securities regulation and corporate governance. Gokey emphasized her suitability for steering the company's legal and regulatory functions as Broadridge navigates industry trends and financial market developments.
Jarkowski's arrival at Broadridge follows a tenure as General Counsel at the New York Stock Exchange (NYSE), where she provided legal counsel and regulatory strategy. Her prior roles include Head of Equities for the NYSE and co-head of Regulatory Affairs at Intercontinental Exchange, Inc. (NYSE: NYSE:ICE).
Her experience also encompasses serving as senior counsel at the U.S. Securities and Exchange Commission and the U.S. Senate Banking Committee, in addition to practicing securities law at a Fortune 100 law firm and FINRA.
A holder of an undergraduate degree from Emory University and a J.D. from the Columbus School of Law at The Catholic University, Jarkowski is also active in initiatives promoting female leadership in finance, including serving on the national board of Junior Achievement and participating in the 100 Women in Finance's Investing in the Next Generation Initiative.
Broadridge, recognized as a certified Great Place to Work, is a global leader in delivering technology-driven solutions and services to the financial industry, with over $6 billion in revenues and more than 14,000 employees worldwide. The information in this article is based on a press release statement.
InvestingPro Insights
As Broadridge Financial Solutions, Inc. (NYSE: BR) welcomes Hope Jarkowski as its new Chief Legal Officer, the company continues to exhibit stability and growth in the financial technology sector. According to recent data from InvestingPro, Broadridge holds a market capitalization of $23.97 billion, underscoring its significant presence in the industry.
The company's commitment to shareholder returns is evident through its impressive track record of raising its dividend for 17 consecutive years, a testament to its financial health and management's confidence in its business model. This dedication to maintaining and growing dividend payments is further highlighted by the company's latest dividend growth rate over the last twelve months, which stands at 10.34%.
InvestingPro Tips reveal that Broadridge is trading at a high earnings multiple, with a P/E ratio of 35.07, suggesting that investors are willing to pay a premium for the company's earnings potential. Moreover, the company's stock is known for low price volatility, providing a degree of stability for investors in often turbulent financial markets.
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