MINNEAPOLIS
--(BUSINESS WIRE)--Dec. 27, 2017--
Piper Jaffray
Companies
(NYSE: PJC), a leading investment bank and asset management firm, is pleased to announce the addition of
Chad Abraham
to its board of directors, effective
January 1, 2018
.
Piper Jaffray
previously announced
that, effective
January 1, 2018
, Abraham will become its chief executive officer and
Deb Schoneman
, current chief financial officer and global head of equities, has been named as president. Abraham will be assuming the chief executive officer position from
Andrew S. Duff
, who will remain chairman of the board of directors following his retirement on
December 31, 2017
.
“We are pleased to welcome Chad to our board and look forward to Andrew’s continued involvement as our Board chair,” said lead director
B. Kristine Johnson
. “We are excited about the future of
Piper Jaffray
under the new leadership team. Chad and Deb have proven track records that demonstrate their ability to drive both the strategic visioning and operational execution that will be important as we enter our next stage of growth.”
Abraham began his career at
Piper Jaffray
in 1991 as an investment banking analyst. He spent the next 13 years on the
West Coast
as a banker in the firm’s technology investment banking group. He was promoted to managing director and head of technology investment banking in 1999. In 2005, he became head of capital markets and in 2010, he was appointed as the global co-head of investment banking and capital markets. Abraham serves on the board of trustees of the Nature Conservancy’s
Minnesota
,
South Dakota
and
North Dakota
chapter and
The Blake School
. He graduated from
Northwestern University
with a bachelor’s degree in economics and political science.
About
Piper Jaffray
Piper Jaffray Companies
(NYSE: PJC) is a leading investment bank and asset management firm. Securities brokerage and investment banking services are offered in the U.S. through
Piper Jaffray & Co.
, member
SIPC
and FINRA; in
Europe
through
Piper Jaffray Ltd.
, authorized and regulated by the
U.K. Financial Conduct Authority
; and in
Hong Kong
through
Piper Jaffray Hong Kong Limited
, authorized and regulated by the
Securities and Futures Commission
. Asset management products and services are offered through five separate investment advisory affiliates―U.S. Securities and Exchange Commission (
SEC
) registered
Advisory Research, Inc.
,
Piper Jaffray Investment Management LLC
,
PJC Capital Partners LLC
and
Piper Jaffray & Co.
, and Guernsey-based
Parallel General Partners Limited
, authorized and regulated by the
Guernsey Financial Services Commission
.
© 2017
Piper Jaffray Companies
. 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota
55402-7036
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View source version on businesswire.com:
http://www.businesswire.com/news/home/20171227005063/en/
Source:
Piper Jaffray
Piper Jaffray
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com
