---
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"
generated_at: "2026-05-19T14:28:11.842343+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Stifel co-president Victor Nesi retires from operating role July 1, 2025; joins board

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-139220
- JSON: https://secwatch.observer/filing/0001193125-25-139220.json
- Plain text: https://secwatch.observer/filing/0001193125-25-139220.txt

## Key facts
- Executive change
  Victor Nesi retired as Co-President and Institutional Group Head at STIFEL FINANCIAL CORP.
  - Action: retired
  - Role: Co-President and Institutional Group Head
  source text: Victor Nesi, Co-President and Institutional Group Head, of his retirement from the Company effective on July 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720672/000119312525139220/0001193125-25-139220-index.htm
- Executive change
  Victor Nesi was appointed as Director at STIFEL FINANCIAL CORP.
  - Action: appointed
  - Role: Director
  source text: the Board of Directors appointed Mr. Nesi as a Director of the Company effective July 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720672/000119312525139220/0001193125-25-139220-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.