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Jefferies Group CFO has died from coronavirus complications, becoming the first high-profile financial leader to fall victim to the pandemic
Peregrine "Peg" Broadbent, the chief financial officer of Jefferies Group LLC, has died from coronavirus complications. The financial-services company said in a statement that Broadbent had served as CFO since 2007 until his death. The executive's death marks the first among high-profile financial figures as the outbreak has been linked to illnesses and deaths among famous names in entertainment, media, and hospitality. Visit Business Insider's homepage for more stories.
Peregrine "Peg" Broadbent, the chief financial officer of Jefferies Group LLC, has died from coronavirus complications at the age of 56, the company said in a statement released Sunday. Broadbent became CFO of the financial services company in 2007 after 16 years at Morgan Stanley. "The loss of Peg is incredibly personal for us as he was a member of our own extended family," Jefferies' Chief Executive Rich Handler and President Brian Friedman said in a joint statement. "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 also described Broadbent as "a much-loved and respected leader to the incredible global team that provides the support, foundation, and glue across our firm." Broadbent is survived by his wife and four children, according to the company's statement. The executive's death marks the first among high-profile financial figures as the outbreak has been linked to illnesses and deaths among famous names in entertainment, media, and hospitality. More than 30,000 deaths have been identified across the world in the novel coronavirus pandemic, which originated in central China in December. The United States has seen a significant rise in cases in the last month, and now has the most confirmed cases in the world. Join the conversation about this story »
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