Media
Piper Jaffray News Releases
A 22-year veteran of the firm, Carter has held various leadership
positions in finance, including controller, chief accounting officer and
treasurer
MINNEAPOLIS--(BUSINESS WIRE)--Nov. 21, 2017--
Piper
Jaffray Companies (NYSE: PJC), a leading investment bank and asset
management firm, today announced the appointment of Tim
Carter as chief financial officer, effective January 1, 2018. Carter
will oversee all financial operations and report directly to Piper
Jaffray chairman and CEO Andrew
Duff.
“Tim is an accomplished leader who brings more than 27 years of
corporate finance and accounting experience. During his two decades with
Piper Jaffray, he has played a key role in multiple strategic corporate
development actions that have helped shape the firm’s success,” said
Duff. “As our business pursues the next phase of growth, his expertise
and leadership will be critical.”
Carter currently serves as senior vice president of finance and
treasurer at Piper Jaffray, as well as a member of the firm’s leadership
team, responsible for all treasury, accounting, market & credit risk
and financial planning & analysis functions. He has held various
leadership positions in finance, including controller, chief accounting
officer and treasurer. Carter also provides support and financial
expertise to the Piper Jaffray Foundation. Prior to joining Piper
Jaffray, Carter worked in public accounting at Deloitte. He graduated
from Gustavus Adolphus College with a bachelor’s degree in accounting
and is a licensed CPA. Carter also serves on the board of College
Possible Minnesota and was previously board chair.
“Piper Jaffray has achieved record growth over the past few years, and
now could not be a more exciting time for the firm,” Carter said. “I
look forward to leveraging our momentum, advancing our strategic
objectives and positioning the business for future success.”
As part of the firm’s planned succession, Carter assumes the CFO
position from Deb
Schoneman, who will remain at Piper Jaffray as global head of
equities. Schoneman has served as CFO since 2008, and added oversight of
the global equities organization to her role in June 2017. She will
continue working closely with Carter through year-end to ensure a
successful transition.
“I am thrilled to be leading our equity sales, trading and research
franchise during a time when this business is seeing major
transformation,” Schoneman said. “I have confidence in Tim’s ability to
drive the firm’s strategic initiatives through effective capital
management, financial discipline and strong leadership skills.”
“We thank Deb for her inventiveness and leadership as CFO. With her
operational expertise and strategic acumen, she is the ideal leader to
oversee our equities group,” Duff added. “These leadership changes
underscore our commitment to elevating talented partners internally and
capturing human capital opportunities that position us for long-term
success.”
About Piper Jaffray
Piper
Jaffray Companies (NYSE: PJC) is a leading 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 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.
Follow Piper Jaffray: LinkedIn
| Facebook
| Twitter
© 2017 Piper Jaffray Companies, 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota 55402-7036
View source version on businesswire.com: http://www.businesswire.com/news/home/20171121005226/en/
Source: Piper Jaffray Companies
Piper Jaffray Companies
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com
