Stifel Announces Formation of Office of the President
ST. LOUIS, MO -- (Marketwired) -- 06/11/14 -- Stifel Financial
Corp. (NYSE: SF) today announced the formation of the Office of the
President, which will consist of three senior executives charged with
overseeing various areas within the organization in support of Ron
Kruszewski, Chairman and Chief Executive Officer of Stifel Financial
Corp. These three executives, Victor Nesi, Jim Zemlyak, and Tom
Mulroy, have been invaluable members of the senior leadership team
over the past number of years.
"The complexity and regulatory oversight of our growing business
requires an increased focus from our senior management to maintain
our culture and manage our risks," said Mr. Kruszewski. "Jim, Victor,
and Tom have worked side by side with me over the past several years,
and I look forward to continuing our efforts to best serve our
clients and help our associates grow Stifel's business."
Keefe, Bruyette & Woods (KBW) will continue to operate as a separate
brand within Stifel, headed by its Chief Executive Officer, Tom
Michaud. "I am very pleased with the results of our first year
together with KBW, as Tom and the KBW team, both in the U.S. and
Europe, have met or exceeded all of our expectations," said Mr.
Kruszewski. "KBW is the premier brand in financial services, and
under the Stifel umbrella, it will continue to grow and thrive."
Mr. Nesi joined Stifel in 2009 from Merrill Lynch and has over 25
years of investment banking experience. He has served as a Director
of Stifel Financial Corp. and Head, together with Mr. Mulroy, of
Stifel's Institutional business.
Mr. Zemlyak joined Stifel in 1999 and, working closely with Mr.
Kruszewski, has overseen the tremendous growth in Stifel's business
since that time. He has served as CFO and a Director of Stifel
Financial Corp. since joining the firm.
Mr. Mulroy joined Stifel in 2005 from Legg Mason Capital Markets and
has over 25 years of experience in the capital markets business. He
has served as a Director of Stifel Financial Corp. and Head, together
with Mr. Nesi, of Stifel's Institutional business.
Each of these senior members will continue to serve in their current
roles. A more complete description of these executives' backgrounds
can be found at www.stifel.com and in the Company's proxy.
Mr. Kruszewski concluded, "I look forward to the years ahead.
Together, these three outstanding professionals and I will continue
to seek out and take advantage of situations that will provide
opportunity for our Associates and add to shareholder value."
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a
financial services holding company headquartered in St. Louis,
Missouri, that conducts its banking, securities, and financial
services business through several wholly owned subsidiaries. Stifel
clients are served through Stifel, Nicolaus & Company, Incorporated
in the U.S., through Stifel Nicolaus Europe Limited in the United
Kingdom and Europe, and through Keefe, Bruyette & Woods, Inc. in the
U.S. and Europe. The Company's broker-dealer affiliates provide
securities brokerage, investment banking, trading, investment
advisory, and related financial services to individual investors,
professional money managers, businesses, and municipalities. Stifel
Bank & Trust offers a full range of consumer and commercial lending
solutions. Stifel Trust Company, N.A. offers trust and related
services. To learn more about Stifel, please visit the Company's web
site at www.stifel.com.
For further information,
contact Jim Zemlyak
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