Jefferies appoints Thomas W. Jones to board; Frank Borges steps down as director

Jefferies Financial Group Inc.

Frank Borges will not stand for re-election and will leave the board effective March 28, 2022.
Thomas W. Jones elected to board effective March 28, 2022; he is founder of TWJ Capital and former CEO of Citigroup Global Investment Management.
Linda Adamany named Lead Independent Director effective March 28, 2022.
Borges stepped down due to increased responsibilities as Co-Head of Secondaries at Ares after Ares acquired Landmark Partners.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Frank Borges

Director

JEF · Jefferies Financial Group Inc.

Effective: 2022-03-28
Successor: Thomas W. Jones
Filed: January 10, 2022, 6:59 PM ET

Mr. Borges has informed the Board of Directors (the “Board”) of Jefferies Financial Group Inc. (the “Company”) of his decision not to stand for re-election on the Jefferies Board and will cease his service effective March 28, 2022.

Appointed

Thomas W. Jones

Director

JEF · Jefferies Financial Group Inc.

Effective: 2022-03-28
Filed: January 10, 2022, 6:59 PM ET

On January 10, 2022, the Board of the Company elected Thomas W. Jones to the Board effective March 28, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Frank Borges departed as Director at Jefferies Financial Group Inc..

Action: not stand for re-election
Role: Director

Exact text from the filing

Mr. Borges has informed the Board of Directors (the “Board”) of Jefferies Financial Group Inc. (the “Company”) of his decision not to stand for re-election on the Jefferies Board and will cease his service effective March 28, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas W. Jones was elected as Director at Jefferies Financial Group Inc..

Action: elected
Role: Director

Exact text from the filing

On January 10, 2022, the Board of the Company elected Thomas W. Jones to the Board effective March 28, 2022.

View on SEC.gov

Jefferies Financial Group Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-005816

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