Investment banking company, Jefferies, announced on Sunday the passing of Peregrine Broadbent, the investment bank’s long-serving chief financial officer, from complications linked to the coronavirus
Broadbent, known as “Peg,” assumed the CFO post at the New York-based Jefferies in 2007 after a 16-year career at Morgan Stanley. It has been widely reported that Broadbent, 56 at the time of his death, was the first high-ranking finance executive to succumb to complications linked to the fast-moving virus. He leaves behind a wife and five children.
“We are heartbroken and grieve that our friend and colleague, Peg Broadbent, has passed away from coronavirus complications,” said Jefferies CEO Rich Handler and president Brian Friedman, 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, a native of the United Kingdom, grew up in London and the southwest England county of Dorset. He earned an accounting degree from the University of Exeter. “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,” Handler and Friedman said in their statement.
Jefferies didn’t immediately return a call for further comment. Jefferies appointed Teresa S. Gendron, CFO of the company’s financial-services arm, as interim CFO. Gendron spent seven years at accounting and audit firm KPMG before earning an M.B.A. from Georgetown University in 2009, according to her LinkedIn profile.
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