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
Date of Report (Date of Earliest Event Reported): September 26, 1997
STIFEL FINANCIAL CORP.
(Exact Name of Registrant as specified in its Charter)
Delaware 1-9305 43-1273600
(State of (Commission File (IRS Employer
Incorporation) Number) Identification No.)
500 North Broadway
St. Louis, Missouri 63102-2188
(Address of principal executive offices, including zip code)
(314) 342-2000
(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Event
On September 26, 1997, Stifel Financial Corp. (the
"Registrant") announced the appointment of Ronald J. Kruszewski
as President and Chief Executive Officer. Mr. Kruszewski will
assume his responsibilities immediately.
Mr. Kruszewski has been in the securities business since
1985. In 1989, he joined Robert W. Baird & Co., Incorporated
("Baird"), a regional investment banking firm located in
Milwaukee, Wisconsin. He served as Managing Director and Chief
Financial Officer of the holding company, which includes Baird.
At Baird, he was responsible for asset management, legal,
compliance, operations, information technology and finance. He
also served as co-head of the Financial Institutions Corporate
Finance Group.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
Exhibit 99: Press Release
<PAGE>
SIGNATURE
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.
STIFEL FINANCIAL CORP.
Date: October 21, 1997 By: /s/ Stephen J. Bushmann
Name: Stephen J. Bushmann
Title: Chief Financial Officer
STIFEL FINANCIAL CORP.
Form 8-K dated September 26, 1997
Exhibit 99
[Drohlich Associates logo] DROHLICH
ASSOCIATES
Public Relations
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From: Michael L. Drohlich
Drohlich associates
11330 Olive Blvd., Ste. 225
St. Louis, Missouri 63141
(314) 567-4030 (Office)
(314) 878-6246 (Home)
September 26, 1997
NEW PRESIDENT ELECTED
AT STIFEL, NICOLAUS
For Immediate Release
ST. LOUIS. . . Ronald J. Kruszewski has been elected president
and chief executive officer of Stifel Financial Corp. (NYSE: SF),
according to George H. Walker III, chairman of the board.
Kruszewski, age 38, had been a managing director and the
chief financial officer of the holding company which includes
Robert W. Baird & Co., Incorporated, Milwaukee, Wisconsin, a
regional investment banking firm.
At Robert W. Baird, Kruszewski was responsible for asset
management, legal and compliance, operations, information
technology and finance. He also served as co-head of the
Financial Institutions Corporate Finance Group.
He joined that company in 1989 as chief financial officer
and director of strategic planning. In 1992, he began serving as
a regional director of the firm's Private Client Group. He was
appointed to his most recent position in 1993.
Walker said, "We are delighted that Ron has decided to join
our firm. His diverse experience, coupled with his youth, will
provide Stifel with leadership for decades to come."
-more-
<PAGE>
New President Elected at Stifel, Nicolaus
September 26, 1997
Add 1-1-1
Kruszewski earned his Bachelor of Science degree in 1981
from Indiana University, Bloomington.
Stifel Financial Corp. is headquartered in St. Louis, Mo.
The firm is engaged in securities brokerage, investment banking
and money management. It has 42 offices in 14 states and employs
almost 300 investment executives. The company is a member of the
New York Stock Exchange and SIPC.
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