Stephens Announces Leadership Change with New Co-CEOs
Advisor - People | Jan 07, 2025 | Stephens
Stephens, a prominent independent and family-owned financial services firm, has announced a generational leadership transition. Effective January 7, 2025, Miles Stephens and John Stephens have been appointed as Co-Chief Executive Officers, succeeding their father, Warren Stephens, who is retiring as President and CEO but will continue as Chairman. The transition is significant as it marks the third era of generational leadership in the firm's 91-year history. Laura Stephens Brookshire, their sister, is named Chair of the Executive Committee, playing a pivotal role in the firm's future governance. Under the leadership of the new Co-CEOs, Stephens will continue to deliver its expansive range of financial services across the U.S. and Europe. Miles and John Stephens bring over 20 years of experience within the company and hold MBAs from Columbia University. The cohesively-knit Executive Committee, led by Laura Brookshire, will support the transition, leveraging more than 100 years of collective experience. With this strong family leadership, Stephens is poised to uphold its legacy and expand its influence in financial services.
Sectors
- Financial Services
- Investment Banking
Geography
- United States – Stephens is headquartered in Little Rock, Arkansas and conducts significant financial services operations across the U.S.
- Europe – Stephens Europe Limited operates in Europe, indicating the firm's geographical presence and service offerings in the region.
Industry
- Financial Services – The article discusses leadership changes at Stephens, which offers investment banking, wealth management, and other financial services.
- Investment Banking – Stephens provides extensive investment banking services, including advisory and securities brokerage, which are a key part of its operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stephens | Company | Target | Stephens is a family-owned investment firm offering diverse financial services. |
| Miles Stephens | Person | Co-CEO | Recently appointed Co-CEO, succeeding his father in leading the company. |
| John Stephens | Person | Co-CEO | Appointed Co-CEO alongside his brother, contributing his expertise to the firm's leadership. |
| Warren Stephens | Person | Chairman | Retiring as CEO, Warren Stephens will continue to serve as Chairman of Stephens. |
| Laura Stephens Brookshire | Person | Chair of the Executive Committee | Named Chair of the Executive Committee, she has been a significant influence in the firm’s strategic advisories. |