Full Text: Memo from Jefferies CEO Richard Handler on Sage Kelly Divorce Scandal

From CEO Richard Handler and Chairman Brian Friedman

To continue to drive our strong momentum in healthcare investment banking, effective immediately, our 90 professional Global Healthcare Investment Banking Group will be organized as follows:

Services: Dan Decelles and Mike Gerardi, Co-Heads

Pharmaceuticals, Biotechnology and Life Sciences: Tommy Erdei, Real Leclerc and Kevin Sheridan, Co-Heads

This team, together with other senior healthcare investment bankers, will comprise our Global Healthcare Investment Banking Leadership Committee, which will be chaired by Jon Santemma and co-chaired by Ben Lorello.

Sage Kelly has resigned from Jefferies in order to focus on family matters.