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Waddell & Reed Appoints Buyle as General Counsel

Company Release - 8/16/2018 5:05 PM ET

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Waddell & Reed Financial, Inc. (NYSE: WDR) has named Mark P. Buyle as Senior Vice President, General Counsel and Chief Legal Officer. He will serve as a member of the firm’s Executive Leadership team and lead the Legal, Investment Management Compliance, Broker-Dealer Compliance and Internal Audit Departments.

Buyle is a 23-year firm veteran, joining Waddell & Reed in 1995 as senior attorney and, over the years, has provided legal guidance to nearly every area of the company. He most recently served as Interim General Counsel, a role he assumed in April. Prior to that, he spent several years as Deputy General Counsel.

Buyle reports to Philip J. Sanders, CEO of Waddell & Reed Financial, Inc.

“Mark’s strong presence, leadership and wealth of knowledge have made him a key source of insight to me and our team as we execute on several strategic fronts,” said Sanders. “We’re pleased to have him step into this role as he joins the executive team and provides continuity of leadership for our legal, compliance and internal audit functions.”

During his time at the firm, Buyle’s range of work has included involvement or oversight of legal work within multiple areas, including compliance, regulatory, corporate and litigation.

Prior to joining Waddell & Reed, Buyle was a corporate attorney with the Kansas City law firm Polsinelli. He has a Bachelor’s Degree in Business Administration from Kansas State University and a Juris Doctorate Degree from the University of Kansas School of Law.

About the Company

Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and financial planning services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel (encompassing broker/dealer, retirement, and registered investment advisors), our broker-dealer channel (through independent financial advisors), and our Institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships). For more information, visit ir.waddell.com.

Waddell & Reed Financial, Inc.
Media Contact:
Roger Hoadley, 913-236-1993
VP, Director of Communications
rhoadley@waddell.com
or
Investor Contact:
Nicole Russell, 913-236-1880
VP, Investor Relations
nrussell@waddell.com

Source: Waddell & Reed Financial, Inc.

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