{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-139220","form_type":"8-K","ticker":"SF","cik":"0000720672","company_name":"STIFEL FINANCIAL CORP","filed_at":"2025-06-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.102553+00:00","generated_at":"2026-05-19T14:28:11.842343+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Stifel co-president Victor Nesi retires from operating role July 1, 2025; joins board","bullets":["Victor Nesi retires as Co-President and Institutional Group Head after 16 years, effective July 1, 2025.","Nesi simultaneously joins Stifel's Board of Directors as a non-employee director, receiving standard annual retainer.","Under Nesi, Institutional Group revenue grew from $391M in 2008 to a peak of $2.2B in 2021; 2024 revenue was $1.6B.","Investment banking revenue increased 20x from $84M to a record $1.6B during his tenure.","CEO Kruszewski states Nesi built a seasoned leadership team and strong organizational structure for continued success."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-139220","json":"https://secwatch.observer/filing/0001193125-25-139220.json","markdown":"https://secwatch.observer/filing/0001193125-25-139220.md","text":"https://secwatch.observer/filing/0001193125-25-139220.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720672/000119312525139220/0001193125-25-139220-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720672/000119312525139220/d947326d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T14:28:11.842343+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9785b9df14","claim":"Victor Nesi retired as Co-President and Institutional Group Head at STIFEL FINANCIAL CORP.","evidence_excerpt":"Victor Nesi, Co-President and Institutional Group Head, of his retirement from the Company effective on July 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720672/000119312525139220/0001193125-25-139220-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Co-President and Institutional Group Head"}],"fact_type":"executive_change"},{"claim_id":"c8a1210353","claim":"Victor Nesi was appointed as Director at STIFEL FINANCIAL CORP.","evidence_excerpt":"the Board of Directors appointed Mr. Nesi as a Director of the Company effective July 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720672/000119312525139220/0001193125-25-139220-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}