{"id":859755,"date":"2025-06-11T17:06:45","date_gmt":"2025-06-11T21:06:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-announces-victor-nesi-to-retire-as-co-president-and-head-of-institutional-group-joins-board-of-directors\/"},"modified":"2025-06-11T17:06:45","modified_gmt":"2025-06-11T21:06:45","slug":"stifel-announces-victor-nesi-to-retire-as-co-president-and-head-of-institutional-group-joins-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-announces-victor-nesi-to-retire-as-co-president-and-head-of-institutional-group-joins-board-of-directors\/","title":{"rendered":"Stifel Announces Victor Nesi to Retire as Co-President and Head of Institutional Group; Joins Board of Directors"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">ST. LOUIS, June  11, 2025  (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced that Victor Nesi, Co-President and Head of the Institutional Group, will retire from his day-to-day operating responsibilities effective July 1, 2025, after 16 years of distinguished service. Mr. Nesi will, however, continue to serve the firm, simultaneously joining its Board of Directors.<\/p>\n<p>\u201cVictor has been instrumental in building the platform we have today,\u201d said Ronald J. Kruszewski, Chairman and CEO of Stifel. \u201cThe transformation of our Institutional Group under his guidance is one of the great success stories in our firm\u2019s history. His strategic vision, leadership, and relentless focus on client service elevated Stifel into a major player in the investment banking world. On a personal level, I am grateful for Victor\u2019s partnership and steady counsel, and I am thrilled he will continue to contribute as a valued member of our Board.\u201d<\/p>\n<p>Mr. Nesi joined Stifel in 2009, at a formative moment for the firm\u2019s Institutional Group. Under his stewardship, the Institutional Group\u2019s overall revenue grew from $391 million in 2008 to a peak of $2.2 billion in 2021, while extending its reach across geographies, products, and capabilities. Investment banking revenue alone climbed 20x during this time from $84 million to a record $1.6 billion.<\/p>\n<p>In 2024, the Institutional Group reported $1.6 billion in revenue, which represents a more than fourfold increase since Mr. Nesi\u2019s arrival.<\/p>\n<p>\u201cImportantly, Victor has also ensured that the Institutional Group is well-positioned for continued success,\u201d added Mr. Kruszewski. \u201cHe has put in place a seasoned leadership team and a strong organizational structure designed to carry forward the culture that he helped establish.\u201d<\/p>\n<p>\u201cIt has been an honor and privilege to help grow Stifel into a premier full-service investment bank,\u201d said Mr. Nesi. \u201cOur success is a direct reflection of the extraordinary people of Stifel \u2013 their talent, relentless drive, and unwavering commitment have made everything possible. Together, we have built something enduring with the momentum to achieve even greater things. Consequently, I believe this is the appropriate time for me to step back and allow the next generation of leaders to continue driving our firm forward. I am still energized and eager for new challenges and I look forward to supporting Stifel\u2019s continued success in my new role on the Board.\u201d<\/p>\n<p>Mr. Nesi\u2019s career in investment banking spans four decades. Before coming to Stifel, he held several leadership positions at Merrill Lynch, including Head of Americas Investment Banking. He has also worked as an investment banker at Salomon Brothers and Goldman Sachs and practiced corporate and securities law at Shea &amp; Gould.<\/p>\n<p>\n        <strong>Stifel\u00a0Company\u00a0Information<\/strong><br \/>\n        <br \/>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\u2019s broker-dealer clients are served in the United States through Stifel, Nicolaus &amp; Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette &amp; Woods, Inc.; Miller Buckfire &amp; Co., LLC; and Stifel Independent Advisors, LLC. The Company\u2019s 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 &amp; 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\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Tm7oOLKYAxR6YlrrFzEdMwp9k5PP-UuHbW9SXUpCdT6rZ7VeEw2q1x50BDgAQn8kakuB2nOaAuZ-uuUMrB_4gA==\" rel=\"nofollow\" target=\"_blank\">www.stifel.com<\/a>. For global disclosures, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FoD5wbN_RGBhwc_-nbM4rpiLlyTGzECg3mcAHBPOw74fvxHmwFORWfexMvD-wt0u8mqALjBKFc-qj-pls-Rwhyjsq-uy_EYBDF-bonbIz4_AjhcgXYAgrJRaFi4wofU7ExdQ7GkdTUc8wjj3ttOx08FCJ913Gn1kfpco_IdyKwGf_CrQiagRUEwLCLXGnXnq\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.stifel.com\/investor-relations\/press-releases<\/a>.<\/p>\n<p>\n        <strong>Media Contact<\/strong><br \/>\n        <br \/>Neil Shapiro, +1 (212) 271-3447<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PQObUtNojnzKsIzkB0skxorIEWfDDuSDSHYd4FQ4pfmslcW6O8pNaOp3omSAJ7HHZGuOZSiDxC3KdljE8ZQXM40LpxNA5GPYHM7MA-VbZw0=\" rel=\"nofollow\" target=\"_blank\">shapiron@stifel.com<\/a><\/p>\n<p>\n        <strong>Investor Relations Contact <\/strong><br \/>\n        <br \/>Joel Jeffrey, +1 (212) 271-3610 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2PzjuZ88D1ylb_qvkdysb5ubLc2HDyj0H56YTuWj5JIukpY_UXhXmvtvn88Xd-pkOmWbzARZUEydUmYhTi_YMVgx8HwqEO2erwmoaXKsoEC9ZnnxsfXGNp_1RlKO14Nk\" rel=\"nofollow\" target=\"_blank\">investorrelations@stifel.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ2NzE4NCM2OTg2ODM0IzIwMDg4NTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDFlZTZhYjgtMTE2Zi00OWUzLThjZDEtMTIzMmJhZDdhZWNlLTEwMjA0MzItMjAyNS0wNi0xMS1lbg==\/tiny\/Stifel-Financial-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ST. LOUIS, June 11, 2025 (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced that Victor Nesi, Co-President and Head of the Institutional Group, will retire from his day-to-day operating responsibilities effective July 1, 2025, after 16 years of distinguished service. Mr. Nesi will, however, continue to serve the firm, simultaneously joining its Board of Directors. \u201cVictor has been instrumental in building the platform we have today,\u201d said Ronald J. Kruszewski, Chairman and CEO of Stifel. \u201cThe transformation of our Institutional Group under his guidance is one of the great success stories in our firm\u2019s history. His strategic vision, leadership, and relentless focus on client service elevated Stifel into a major player in the investment banking world. On a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-announces-victor-nesi-to-retire-as-co-president-and-head-of-institutional-group-joins-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stifel Announces Victor Nesi to Retire as Co-President and Head of Institutional Group; Joins Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-859755","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stifel Announces Victor Nesi to Retire as Co-President and Head of Institutional Group; Joins Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-announces-victor-nesi-to-retire-as-co-president-and-head-of-institutional-group-joins-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stifel Announces Victor Nesi to Retire as Co-President and Head of Institutional Group; Joins Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ST. LOUIS, June 11, 2025 (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced that Victor Nesi, Co-President and Head of the Institutional Group, will retire from his day-to-day operating responsibilities effective July 1, 2025, after 16 years of distinguished service. Mr. Nesi will, however, continue to serve the firm, simultaneously joining its Board of Directors. \u201cVictor has been instrumental in building the platform we have today,\u201d said Ronald J. Kruszewski, Chairman and CEO of Stifel. \u201cThe transformation of our Institutional Group under his guidance is one of the great success stories in our firm\u2019s history. His strategic vision, leadership, and relentless focus on client service elevated Stifel into a major player in the investment banking world. 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LOUIS, June 11, 2025 (GLOBE NEWSWIRE) &#8212; Stifel Financial Corp. (NYSE: SF) today announced that Victor Nesi, Co-President and Head of the Institutional Group, will retire from his day-to-day operating responsibilities effective July 1, 2025, after 16 years of distinguished service. Mr. Nesi will, however, continue to serve the firm, simultaneously joining its Board of Directors. \u201cVictor has been instrumental in building the platform we have today,\u201d said Ronald J. Kruszewski, Chairman and CEO of Stifel. \u201cThe transformation of our Institutional Group under his guidance is one of the great success stories in our firm\u2019s history. His strategic vision, leadership, and relentless focus on client service elevated Stifel into a major player in the investment banking world. 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