Jefferies’ CFO Peg Broadbent Passes Away from COVID-19

He spent more than 12 years in his role at the firm in New York

Investment bank Jefferies Financial Group today announced that Peg Broadbent, CFO at the company, has passed away from COVID-19 complications.

Broadbent joined Jefferies in New York in 2007. He moved to the firm from Morgan Stanley, where he had spent 16 years in various roles as Managing Director.

“The entire Jefferies family mourns Peg’s loss. On behalf of our Board of Directors, management team and all our global employees, we extend our deepest sympathies to Peg’s family,” the company stated today.

“We are heartbroken and grieve that that our friend and colleague, Peg Broadbent, has passed away from Coronavirus complications. Our thoughts, prayers and love go out to Peg’s dear wife, Hayley, and their young children, Sebastian and Peg, as well as Peg’s older children, Anna, Sophie and Charlie, and all of Peg’s extended family here and in the United Kingdom.”

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“The loss of Peg is incredibly personal for us as he was a member of our own extended family. For over a dozen years, Peg has been our CFO and partner, and helped us build Jefferies from less than half its current size, and navigate through hard times and good times. He has also been a much-loved and respected leader to the incredible global team that provides the support, foundation  and glue across our firm. But Peg was much more.”

“Part of what made Peg the great partner he was to all of us was his core humanity. No matter what the occasion, his decency, calmness and dry wit were always there, always making things better. We will miss him terribly. We know Peg would want his passing to serve as a reminder to all of us of how much he cared for all of his friends at Jefferies and that our priority must be the health and happiness of our loved ones. May peg’s memory be for a blessing for his family, for us and for all who loved him,” CEO Rich Handler and President Brian Friedman said in the statement, expressing their most heartfelt condolences.

Ter Gendron has been appointed as interim CFO and Chief Accounting Officer at Jefferies.

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