Jefferies Group on Sunday announced the death of longtime Chief Financial Officer Peregrine “Peg” Broadbent from coronavirus complications.
Broadbent, 56, was appointed to his position in October 2007. Teri Gendron, CFO at Jefferies Financial Group, has been named interim CFO and chief accounting officer of Jefferies Group.
“We are heartbroken and grieve that our friend and colleague, Peg Broadbent, has passed away from coronavirus complications,” CEO Rich Handler and President Brian Friedman said in a joint statement. “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.”
Broadbent joined Jefferies after 16 years at Morgan Stanley, where he managed a staff of more than 1,000 people. He was based at Jefferies’ headquarters in New York City—the epicenter of the coronavirus pandemic in the United States.
Prior to joining Morgan Stanley in 1991, Broadbent worked at Coopers & Lybrand, which has since become part of Big Four audit firm PricewaterhouseCoopers via merger.
“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,” the statement read. “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 so 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.”