PIPR Piper Sandler Companies

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

	January 2, 2024
	Date of report (Date of earliest event reported)

 

	PIPER SANDLER COMPANIES
	(Exact Name of Registrant as Specified in its Charter)

 

Delaware		1-31720		30-0168701
(State of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

 

800 Nicollet Mall, Suite 900 Minneapolis, Minnesota		55402
(Address of Principal Executive Offices)		(Zip Code)

 

	(612) 303-6000
	(Registrant’s Telephone Number, Including Area Code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01 per share	PIPR	The New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

Item 7.01.

Regulation FD Disclosure.

 

On January 2, 2024, Piper Sandler Companies (the “Company”) issued a press release announcing that Katherine P. Clune became the Chief Financial Officer of the Company effective January 1, 2024. As previously announced by the Company in the Current Report on Form 8-K filed with the Securities and Exchange Commission on September 12, 2023, Ms. Clune succeeds Timothy L. Carter, who previously served as Chief Financial Officer of the Company and will remain as an employee of the Company through April 2024 to assist with the transition. A copy of the press release is furnished as Exhibit 99.1 hereto.

 

The information contained in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under Section 18 of the Exchange Act. Furthermore, the information contained in this Item 7.01 and Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)

Exhibits.

 

99.1

Press Release dated January 2, 2024.

 

104

Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	PIPER SANDLER COMPANIES
Date: January 2, 2024	By	/s/ John W. Geelan
		John W. Geelan
		General Counsel and Secretary

 

 

 

Exhibit 99.1

 

	Piper Sandler Companies 800 Nicollet Mall, Suite 900 Minneapolis, MN 55402
	CONTACT
	Pamela Steensland
	Tel: 612 303-8185 pamela.steensland@psc.com

 

F O R I M M E D I A T E R E L E A S E

 

Piper Sandler Appoints Kate Clune as Chief Financial Officer

 

MINNEAPOLIS – January 2, 2024 – Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that effective January 1, 2024, Kate Clune became chief financial officer (CFO) at Piper Sandler.

 

The firm previously announced in September that Clune would be assuming the CFO role from Tim Carter, who will remain with the firm through April to assist with the transition. Clune will oversee all financial operations of Piper Sandler, including leading the investor relations team. She will report directly to Chad Abraham, chairman and chief executive officer.

 

Clune joins the firm from Evercore Inc., where she most recently served as treasurer and head of planning and strategy. She previously spent 16 years at Morgan Stanley, serving in various capacities across operations, sales and trading and finance. Her roles included corporate treasury and CFO of their U.S. banks, as well as global head of financial planning and analysis.

 

“It is an honor to officially be named the next chief financial officer of Piper Sandler. Since joining the firm, I have been incredibly impressed by the talent and expertise of our teams. I want to thank Tim Carter for his support and mentorship during the transition. I’m excited to step into the role and work in close partnership with Chad and the rest of the leadership team to continue to grow the business and maximize value for our shareholders,” said Clune.

 

ABOUT PIPER SANDLER

 

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 the U.K. 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. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.

 

Follow Piper Sandler: LinkedIn | Facebook | X

 

©2024. Since 1895. Piper Sandler Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036

 

 

 

v3.23.4

Cover	Jan. 02, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Jan. 02, 2024
Entity File Number	1-31720
Entity Registrant Name	PIPER SANDLER COMPANIES
Entity Central Index Key	0001230245
Entity Tax Identification Number	30-0168701
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	800 Nicollet Mall
Entity Address, Address Line Two	Suite 900
Entity Address, City or Town	Minneapolis
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55402
City Area Code	612
Local Phone Number	303-6000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	PIPR
Security Exchange Name	NYSE
Entity Emerging Growth Company	false

---