Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 41

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 41
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 consumers. The multitude of data privacy laws and regulations adds complexity and cost to managing compliance and data management capabilities and can result in potential litigation, regulatory fines, and reputational harm. 

We have implemented policies, processes, and training with regard to communicating to our clients and business partners required information relating to financial privacy and data security. We continue to monitor regulatory developments on both a domestic and international level to assess requirements and potential impacts on our business operations.

Public Company Regulations

As a public company whose common stock is listed on the New York Stock Exchange (“NYSE”) and the Chicago Stock Exchange (“CHX”), we are subject to corporate governance requirements established by the SEC, NYSE, and CHX, as well as federal and state law. Under the Sarbanes-Oxley Act of 2002 (the “Act”), we are required to meet certain requirements regarding business dealings with members of the Board of Directors, the structure of our Audit and Compensation Committees, ethical standards for our senior financial officers, implementation of an internal control structure and procedures for financial reporting, and additional responsibilities regarding financial statements for our Chief Executive Officer and Chief Financial Officer and their assessment of our internal controls over financial reporting. Compliance with all aspects of the Act, particularly the provisions related to management's assessment of internal controls, has imposed additional costs on our company, reflecting internal staff and management time, as well as additional audit fees since the Act went into effect.

10

Executive Officers

Information regarding our executive officers and their ages as of January 31, 2025, is as follows: 

    Name
     
    Age
     
    Position(s)

    Ronald J. Kruszewski
     
    66
     
    Chairman of the Board of Directors and Chief Executive Officer

    Thomas W. Weisel
     
    83
     
    Senior Managing Director and Director

    James M. Zemlyak
     
    65
     
    President

    Thomas B. Michaud
     
    60
     
    Senior Vice President

    Victor J. Nesi
     
    64
     
    President and Director of Institutional Group

    Mark P. Fisher
     
    55
     
    Senior Vice President and General Counsel

    James M. Marischen
     
    45
     
    Senior Vice President and Chief Financial Officer

    David D. Sliney
     
    55
     
    Senior Vice President and Chief Operating