FOR IMMEDIATE RELEASE

Macy Ellis
(770) 561-8516
mle01716@uga.edu
Twitter: @macyleighellis

Alison M. Heard elected new president and CEO of Stifel Financial Corporation

ST. LOUIS, Oct. 15, 2020 — The board directors at Stifel elected Alison M. Heard as Stifel’s
new president and CEO at its quarterly meeting.

Heard will be Stifel’s first female CEO. She joined Stifel eight years ago and was promoted to
executive vice president of the company two years ago. She will now oversee Stifel’s day-to-day
operations.

Heard will replace Daniel Bredemus, who will now serve on the board of directors.

“I am thankful for the example that Mr. Bredemus has set and I look forward to leading our
company into the new year,” said Heard. “My past 2 years serving as vice president has prepared
to step into this new role and assume more responsibilities.”

U.S. Banker magazine placed her in the “Wall Street Top 10” this year. Fortune named Heard
one of the “50 Most Powerful Women in Business” in 2019.

For more information, visit stifel.com/alisonheard

About Stifel:
Founded in 1930, Stifel Financial Corporation specializes in financial services, mutual funds,
and asset management. Stifel is comprised of two million shareholders, 89 separate fund
portfolios, and over $3 billion in assets. Stifel prides itself on being one of the largest and most
trustworthy firms in the mutual funds business.

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