Jefferies CFO Peg Broadbent dies at 56 of complications linked to coronavirus

Jefferies CFO Peg Broadbent dies at 56 of complications linked to coronavirus

The chief financial officer of Jefferies Group has died due to complications linked to the coronavirus, the company announced. He was 56.

In a joint statement Sunday, Jefferies CEO Rich Handler and chairman Brian Friedman said they are "heartbroken" at the loss of Peg Broadbent, who they credit with Jefferies' growth for more than a dozen years.

"Part of what made Peg the great partner he was to all of us was his core humanity," Handler and Friedman said in their statement. "No matter what the occasion, his decency, calmness and dry wit were always there, always making things better. We will miss him terribly."

Broadbent is survived by his wife and five children.

Teri Gendron, who currently serves as CFO of Jefferies Financial Group, will replace Broadbent on an interim basis.

As of Monday, the death toll in the U.S. from COVID-19 topped 2,500, with more than 143,000 confirmed cases.

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The Associated Press contributed to this report. Follow Brett Molina on Twitter: @brettmolina23.

Source: https://www.usatoday.com/story/money/2020/03/30/coronavirus-jefferies-cfo-peg-broadbent-dies-complications/5085753002/

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