MINNEAPOLIS--(BUSINESS WIRE)--Oct. 6, 2016--
Jaffray Companies (NYSE: PJC) today announced the appointment of
Stuart C. Harvey, Jr. as president and chief operating officer of the
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Piper Jaffray names Stuart C. Harvey, Jr. President and COO (Photo: Piper Jaffray).
In this role, Harvey will assume responsibility for leading the
operations of the company’s global investment banking, institutional
securities and asset management businesses. Harvey’s appointment will be
effective November 7, when he will join the Piper Jaffrayleadership
team, reporting to Piper Jaffray chairman and CEO Andrew
Harvey rejoined Piper Jaffray in August 2015 as a partner in its merchant
banking group, having previously served as a managing director at
Piper Jaffray in its investment banking group from 1993 to 2003. From
2003 to 2010, Harvey was with Elavon Global Acquiring Solutions, Inc., a
subsidiary of U.S. Bancorp, becoming president in 2005 and CEO in 2008,
where he had global responsibility for the business, including leading
its international expansion efforts. In 2010, Harvey became the
chairman, CEO, and president of Ceridian Corporation, a provider of
human capital management software and services. In October 2013, he
became the chairman and CEO of Comdata, Inc., a subsidiary that was
split off by Ceridian that managed fleet and corporate card payments and
services, while continuing to serve as executive chairman of Ceridian.
During his tenure at Ceridian, Harvey was responsible for driving
significant improvements in the company’s performance through the
development of advanced service offerings and increased operating and
sales efficiency. He directed Ceridian’s acquisition of Dayforce Corp.
in 2012, and the sale of Comdata, Inc. to Fleetcor Technologies, Inc.
for $3.45 billion in 2014.
"As we look to continue our multi-year effort to transform and drive
performance across all of our businesses, the timing is right for Stuart
to step into this role. Stuart has a breadth of experience leading and
building successful companies. That experience, combined with his deep
knowledge of and passion for our industry and Piper Jaffray, make him an
ideal choice to serve as president and COO," said Duff.
"I am honored to be named president and COO of Piper Jaffray. We are a
dynamic firm filled with incredibly talented, dedicated professionals,
with a 121-year history of providing first-in-class service and advice
to our clients. I am eager to have the opportunity to contribute to the
significant momentum that we’ve been building over the past several
years," said Harvey.
Harvey holds a bachelor's degree from Saint John's University, a Juris
doctorate from The George Washington University Law School and a
Master of Business Administration degree from the Kellogg School of
Management at Northwestern University. He also serves on the board of
directors of Trustwave Holdings, Inc. and the board of trustees of Saint
About Piper Jaffray
Piper Jaffray Companies (NYSE: PJC) is a
leading, international 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 Simmons & Company International Limited,
authorized and regulated by the U.K. Financial Conduct Authority and the
Dubai Financial Services Authority; 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.
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© 2016 Piper Jaffray Companies, 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota 55402-7036
View source version on businesswire.com: http://www.businesswire.com/news/home/20161006005200/en/
Source: Piper Jaffray Companies
Piper Jaffray & Co.
Pamela Steensland, 612-303-8185