Broadridge Appoints New Director

Ticker: BR · Form: 8-K · Filed: 2024-06-04T00:00:00.000Z

Sentiment: neutral

Topics: board-appointment, governance

Related Tickers: BR

TL;DR

Broadridge adds Patricia Wallington to its board, effective May 31st.

AI Summary

Broadridge Financial Solutions, Inc. announced on May 31, 2024, the appointment of Patricia A. Wallington as a new Class III director, effective immediately. Wallington will serve on the Audit Committee and the Nominating and Corporate Governance Committee. She previously served as the Chief Information Officer of General Motors Corporation.

Why It Matters

The addition of a new director with a background in information technology could signal a focus on digital transformation or cybersecurity initiatives within Broadridge.

Risk Assessment

Risk Level: low — The filing is a routine corporate announcement regarding board appointments and does not involve significant financial or operational changes.

Key Players & Entities

FAQ

Who is the new director appointed to Broadridge's board?

Patricia A. Wallington was appointed as a new Class III director.

When was the appointment effective?

The appointment was effective May 31, 2024.

Which committees will Patricia A. Wallington serve on?

She will serve on the Audit Committee and the Nominating and Corporate Governance Committee.

What was Patricia A. Wallington's previous role?

She previously served as the Chief Information Officer of General Motors Corporation.

What is the class of director appointed?

Patricia A. Wallington was appointed as a Class III director.

Filing Stats: 610 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-06-04 15:06:54

Key Financial Figures

Filing Documents

02

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 31, 2024, Edmund Reese, Vice President and Chief Financial Officer of Broadridge Financial Solutions, Inc. ("Broadridge" or the "Company"), informed the Company that he is resigning to pursue other career opportunities, effective June 30, 2024. Mr. Reese's departure is not based on any disagreement with the Company's independent auditors or the Company on any matter. Ashima Ghei will serve as Interim Chief Financial Officer of Broadridge, effective July 1, 2024, as the Company conducts a search for a new chief financial officer. Ms. Ghei has served as the chief financial officer of Broadridge's Investor Communication Solutions segment since January 2022 and is a member of the Company's Executive Leadership Team. Prior to joining Broadridge, Ms. Ghei spent 18 years at American Express where she held a range of increasingly senior roles in Finance and Business strategy, most recently serving as Head of Merchant Pricing for the Americas.

01

Item 7.01. Regulation FD Disclosure. On June 4, 2024, the Company issued a press release regarding the resignation of Mr. Reese as Vice President and Chief Financial Officer, and the appointment of Ashima Ghei as Interim Chief Financial Officer. A copy of the press release is furnished as Exhibit 99.1.

01

Item 9.01.

Financial Statements and Exhibits

Financial Statements and Exhibits. Exhibits. The following exhibit is filed herewith: Exhibit No. Description 99.1 Press Release dated June 4, 2024. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 4, 2024 BROADRIDGE FINANCIAL SOLUTIONS, INC. By: /s/Hope M. Jarkowski Name: Hope M. Jarkowski Title: Chief Legal Officer

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