8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

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FORM 8-K

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CURRENT REPORT
Pursuant To Section 13 OR 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  August 5, 2019

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STIFEL FINANCIAL CORP.

(Exact name of registrant as specified in its charter)

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Delaware
(State of incorporation)   001-09305
(Commission File Number)   43-1273600
(IRS Employer
Identification No.)  

501 N. Broadway, St. Louis, Missouri  63102-2188

(Address of principal executive offices and zip code)

(314) 342-2000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [   ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [   ]

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Common Stock, $0.15 par value per share	SF		New York Stock Exchange
Depository Shares, each representing 1/1,000th interest in a share of 6.25% Non-Cumulative Preferred Stock, Series A	SF PR A		New York Stock Exchange
Depository Shares, each representing 1/1,000th interest in a share of 6.25% Non-Cumulative Preferred Stock, Series B	SF PrB		New York Stock Exchange

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On August 5, 2019, Stifel Financial Corp, (the “Company”) announced that the Board of Directors appointed Adam T. Berlew and Daniel Ludeman as Directors of the Company effective August 6, 2019. Mr. Berlew and Mr. Ludeman have not yet been appointed to any committees of the Board of Directors.

A copy of the press release announcing the appointment of Mr. Berlew and Mr. Ludeman is furnished as Exhibit 99.1 hereto.

Item 9.01  Financial Statements and Exhibits.

(d)  Exhibits.

Exhibit NumberDescription of Exhibit

99.1 Press release dated August 5, 2019.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

STIFEL FINANCIAL CORP.

Date:  August 6, 2019	By:	/s/ James M. Marischen
	Name:	James M. Marischen
	Title:	Chief Financial Officer

EX-99.1

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

STIFEL APPOINTS DANIEL J. LUDEMAN AND ADAM T. BERLEW TO BOARD OF DIRECTORS

ST. LOUIS, August 5, 2019 – Stifel Financial Corp. (NYSE: SF) today announced that its board of directors has appointed two news members. Daniel “Danny” J. Ludeman and Adam T. Berlew have joined Stifel’s board effective August 6, 2019.

“We are excited to welcome Danny and Adam to our Board as each has built a highly successful career in industries that are vital to Stifel’s long-term success: wealth management and technology.  A priority of ours has been to recruit exceptionally talented leaders to Stifel’s board and we couldn’t be more pleased to welcome them and look forward to their future contribution,” said Ronald J. Kruszewski, Chairman and CEO of Stifel.

Danny Ludeman is President & CEO of Concordance Academy of Leadership, an expansion of Project COPE, which assists individuals in successfully re-integrating into society from prison.  Prior to this role, Mr. Ludeman was the former President & CEO of Wells Fargo Advisors and was a member of the Management Committee of Wells Fargo & Company from 1999 to 2014.  Mr. Ludeman began his career with Wheat First Securities and, through acquisitions and mergers, he held positions of increasing responsibility within several areas of the organization.

Mr. Ludeman earned a BS in Economics from Virginia Commonwealth University and a Masters of Business Administration from William and Mary. He serves or has served on the boards of the Securities Industry Association (Chairman), Eskimo Pie, United Way of Greater St. Louis, Missouri Botanical Garden, The Muny, CityArchRiver 2015, Washington University, University of Richmond, Urban League of Metropolitan St. Louis, Federal Reserve Bank of St. Louis, and Opera Theatre of St. Louis.

Adam Berlew currently serves as Executive Director of Americas Marketing of Google Cloud and is a highly accomplished senior executive with more than 25 years of success within the cloud, technology, telecom, and professional services sectors.  Prior to Google Cloud, Mr. Berlew was a Vice President of Global Customer Engagement Marketing for Brocade Communications from 2015-2017 and prior to that, he served as Vice President overseeing Global Marketing Programs and Americas Field Marketing for Equinix, Inc.   From 2002-2008, Mr. Berlew served as Senior Manager of Marketing and Business Development for Dell Inc., responsible for Enterprise Marketing and identifying New Business Technology Opportunities, Worldwide.  Other roles for Mr. Berlew include Senior Vice President of Strategy and Corporate Development at Triumphant, Inc., consulting for Modern Africa Fund, Inc., and Senior Vice President for Marketing and Corporate Development for International Wireless, a Prodigy Communications, Inc. company.

Mr. Berlew earned a BA in Comparative Studies in Economics and a Masters of Business Administration from The Wharton School.  He serves as a Board Member of the US Luge Olympic Committee.

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’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; Century Securities Associates, Inc.; First Empire Securities, Inc., and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. 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 and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com.

Stifel InvestorRelationsContact

Joel Jeffrey, (212) 271-3610

investorrelations@stifel.com

Stifel Media Relations Contact

Neil Shapiro, (212) 271-3447

shapiron@stifel.com