Thomas A. James, born on May 17, 1945, is a seasoned leader with a strong background in finance. He earned a Bachelor's degree in Business Administration from the University of Florida and has been a significant figure at Raymond James...

Number of Employees

8.76K

Year

2010

Total Compensation

$2.91M

Salary

$332.65K

Board Justification

The compensation philosophy is designed to align the interests of executives with those of shareholders, focusing on performance-based incentives and long-term retention strategies.

Bonus

$2.02M

Board Justification

The bonus for fiscal 2010 was based on contributions to the company's pre-tax profits, with a formula that aligns with the company's financial performance.

Other

$118.03K

Board Justification

Other compensation includes contributions to defined contribution plans, dividends on unvested stock, and perquisites such as travel expenses.

Restricted Stock

$441.05K(18.08K Restricted Stock)

Board Justification

The stock awards that vested in 2010 were part of a prior grant and were based on the company's performance and individual contributions, with a vesting period of approximately three years.

Performance Metrics

The performance metrics for determining the compensation included the company's pre-tax profits and individual contributions to the company's financial success.

SEC Filing

From January 18, 2011

Thomas A. James

Founder and Ex-CEO of Raymond James Financial

TA

Education

Bachelor's degree in Business Administration from the University of Florida.

Field of Expertise

Finance & Banking - Finance

Born

May 17, 1945 - 79 years ago

Is Founder?

Yes

Tenure

36 years 4 months (Jan 1974 - May 2010)

Previous Experience

Chairman and Chief Executive Officer of Raymond James Financial, Inc. since its inception.