Andrew Duff receives 2012 John F. Cade Award

University of St. Thomas

On May 2, Andrew Duff, chairman and CEO of Piper Jaffray, received the John F. Cade Award given by the John M. Morrison Center at the University of St.Thomas Schulze School of Entrepreneurship. The award recognizes outstanding individuals who personify the spirit of entrepreneurship and demonstrate excellence and ethics in the way they conduct business.

“I am honored to be recognized with this award,” said Duff. “I have tremendous pride in the people of Piper Jaffray—at the end of the day, our people are what set us apart—and I share this award with them. They work with me everyday to serve our clients and build a lasting business based on time-tested values.”

Under Duff’s leadership, Piper Jaffray was acquired by U.S. Bancorp in 1998 and successfully spun off into a separate public company in 2003. Also, he led the re-entry into asset management with two acquisitions and international expansion, including the acquisition of a Hong Kong investment bank.

Duff has spent his career at Piper Jaffray, joining the Institutional Fixed Income Sales department in 1980. He was promoted to manager of Institutional Sales and Trading in 1994. He then served as president of the Individual Investor Services and Capital Markets areas until 1996. From 1996 through 2003, Duff served as president of Piper Jaffray and vice chair of U.S. Bancorp for the Wealth Management Group from 1999 through 2003.

Duff currently serves on the board of directors of the Securities Industry and Financial Markets Association (SIFMA), the University of St. Thomas Board of Trustees and the University of St. Thomas Opus College of Business Strategic Board of Governors. He is the president of the Walker Art Center Board of Trustees, and is an advisor to the board of directors of Great Clips, Inc.