Broadridge Starts CFO Search

The move comes after a leave of absence for Sheldon, who will remain with Broadridge in an advisory capacity through April 11 to help with the transition to a new CFO.

The firm says in a statement that, during Sheldon’s recently ended leave, Michael Liberatore assumed the role of acting principal financial officer, and David Lisa, who currently serves as Broadridge’s corporate controller, assumed the role of acting principal accounting officer. Together they have been filling in for Sheldon, Broadridge says, and the pair will continue to serve in their respective roles during the transition.  

In its statement, the firm thanks Sheldon for 30 years of successful service. 

“Dan has been a great business partner to me and has established an excellent finance team, which has helped drive the financial soundness and growth we enjoy today,” says Rich Daly, president and chief executive officer of Broadridge. “We will immediately focus our efforts on finding Dan’s successor and will complete the hiring process as soon as practicable.”

Daly says he remains confident that reporting, accounting, and internal control functions will continue to perform at a high level during the transition.

Broadridge Financial Solutions, Inc. is a provider of investor communications and technology-driven investment solutions for broker/dealers, banks, mutual funds and corporate issuers globally.