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Piper Sandler Companies Elects Brian R. Sterling to Board of Directors

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Piper Sandler Companies (NYSE: PIPR) has announced the appointment of Brian R. Sterling to its board of directors. Sterling previously served as principal and co-head of investment banking at Sandler O’Neill & Partners and played a key role in the merger between Piper and Sandler. He retired from Piper Sandler on December 31, 2020, but will continue to provide consulting services through 2021. His extensive background, including experience at Merrill Lynch and a legal career at Skadden, Arps, enhances the firm’s strategic capabilities.

Positive
  • Brian R. Sterling's appointment is expected to bring valuable insights and strengthen the board's expertise.
  • Sterling's prior experience in investment banking may enhance Piper Sandler's competitive edge.
Negative
  • Sterling's recent retirement may raise concerns regarding continuity and experience on the board.

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Brian R. Sterling to its board of directors.

After 18 years with Sandler O’Neill & Partners, L.P., Sterling joined Piper Sandler & Co. in 2020 in connection with the firms’ merger. While at Sandler O’Neill, Sterling was a principal and co-head of investment banking. Earlier in his career, he was a managing director at Merrill Lynch and worked in the corporate finance department at Wertheim Schroder & Co. Sterling began his career as an attorney with Skadden, Arps, Slate, Meagher & Flom.

Sterling retired from Piper Sandler & Co. on December 31, 2020, but will continue to provide consulting services through 2021.

“We are excited to have Brian join our board of directors. He has been a great partner and trusted advisor to us throughout the past year and he played a critical role in the successful merger between Piper and Sandler. As co-head of Sandler’s investment banking group, Brian helped grow that business into the industry leader for financial services. I know Brian will bring a valuable perspective to our board and we will continue to lean on his expertise to help us cultivate relationships across various sectors,” said Chad Abraham, Piper Sandler Companies chairman and chief executive officer.

Sterling earned a bachelor’s degree in economics from the Wharton School of the University of Pennsylvania and a Juris Doctor from Yale Law School.

About Piper Sandler

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture. We transcend transactions to define possibilities—enabling clients to achieve their short-term goals while realizing their long-term vision. Founded in 1895, the firm is headquartered in Minneapolis with offices across the United States and in London, Aberdeen and Hong Kong. Learn more at PiperSandler.com.

Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in Europe through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Sandler Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Private equity strategies and fixed income advisory services are offered through separately registered advisory affiliates.

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©2021. Since 1895. Piper Sandler Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036

FAQ

Who is Brian R. Sterling and what is his role at Piper Sandler?

Brian R. Sterling is a new member of the board of directors at Piper Sandler, bringing extensive experience from his previous roles in investment banking and law.

What impact might Brian R. Sterling have on Piper Sandler's operations?

Sterling's experience in investment banking could provide strategic insights that may benefit Piper Sandler in navigating industry challenges.

When did Brian R. Sterling retire from Piper Sandler?

Brian R. Sterling retired from Piper Sandler on December 31, 2020, but will continue to consult through 2021.

What significance does Sterling's appointment have for investors in PIPR?

Sterling's appointment may indicate a focus on enhancing the firm's strategic direction, which could positively influence investor confidence.

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