Jefferies Appoints Forest City Ratner CEO Gilmartin as Director

Jefferies Group LLC (LUK), the investment bank owned by Leucadia National Corp., appointed Forest City Ratner Cos. Chief Executive Officer MaryAnne Gilmartin to its board.

Gilmartin will be an independent director, Jefferies said today in a statement. Last year, she replaced Bruce Ratner as head of the real estate firm, which developed the Barclays Center arena in Brooklyn, New York.

Jefferies said in a separate statement that profit for the fiscal first-quarter ended Feb. 28 rose 40 percent to a record $112.4 million on a 44 percent surge in investment-banking fees. Net revenue advanced 9.8 percent to $899 million. The results differed from preliminary figures disclosed earlier this month. The New York-based firm said March 4 it expected net income of $105 million on revenue of $875 million.

To contact the reporter on this story: Zeke Faux in New York at

To contact the editors responsible for this story: Peter Eichenbaum at Steve Dickson

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.