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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Waddell and Reed Financial | NYSE:WDR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.98 | 0 | 01:00:00 |
Waddell & Reed Financial, Inc. (NYSE: WDR) today announced that it has appointed financial industry veterans to focus on two key components of the Company’s strategic growth plans.
“Rajesh and Charles are experienced business leaders who will spearhead efforts in support of two of our essential strategic enablers identified as part of our long-term strategic plan: our technology and data analytics capabilities, and delivering on the inorganic growth component of our plan,” said Philip J. Sanders, CEO of Waddell & Reed Financial, Inc. “We are excited to welcome Rajesh and Charles to the Waddell & Reed Financial team.”
Sanders added that, when Waddell & Reed Financial updated its growth strategy last year, the Company focused on key strategic enablers spanning wealth management, asset management and the overall enterprise. Those include: product and pricing; core processes and performance; technology and data analytics; capital allocation; growth culture and agile organization; and brand awareness and perception.
Chalamalasetti and Holznecht will report to Ben Clouse, Chief Financial Officer of Waddell & Reed Financial, Inc.
“They each will provide vision and a focus on innovation and results while helping deliver on our growth strategy,” said Clouse. “Rajesh brings enhanced expertise to our organization at a time when data-driven decision making is critical to our growth strategies, and Charles will help execute on the key inorganic growth component of our strategic plan.”
About Waddell & Reed Financial, Inc.
Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and financial planning services to clients throughout the United States since 1937. Its subsidiaries include Ivy Investments, an asset manager and distributor of investment products to retail and institutional clients; and Waddell & Reed, Inc., a broker-dealer with nationally based independent financial advisors. For more information, visit ir.waddell.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200629005757/en/
Media Contact: Roger Hoadley VP, Communications rhoadley@waddell.com
Investor Relations Contact: Mike Daley VP, Chief Accounting Officer & Investor Relations mdaley1@waddell.com
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