Board of Directors of Jefferies Financial Group announces additions
Barry J. Alperin, MaryAnne Gilmartin and Jacob M. Katz have been added to Jefferies Financial Group’s current slate of Directors.
The Board of Directors of Jefferies Financial Group Inc (NYSE:JEF), formerly known as Leucadia National Corporation, has added Barry J. Alperin, MaryAnne Gilmartin and Jacob M. Katz to its current slate of Directors. The becomes clear from a SEC filing.
The three new Board members are currently serving as members of the Board of Directors of Jefferies Financial Group’s wholly-owned subsidiary Jefferies Group LLC. Also, Mr Katz serves as a director of Jefferies International Ltd.
Barry J. Alperin has been a director of Jefferies Group since December 2013. Mr Alperin, who is retired, served as Vice Chairman of Hasbro, Inc. from 1990 through 1995, as Co-Chief Operating Officer of Hasbro from 1989 through 1990 and as Senior Vice President or Executive Vice President of Hasbro from 1985 through 1989. He was a director of Hasbro from 1985 through 1996. Prior to joining Hasbro, Mr. Alperin practiced law in New York City for 20 years, dealing with corporate, public and private financial transactions, corporate mergers and acquisitions, compensation issues and securities law matters. Mr Alperin currently serves as a director of Henry Schein, Inc. since 1996, is a director of Fiesta Restaurant Group since July 2012 and is a director of a privately held marine construction corporation, Weeks Marine, Inc.
MaryAnne Gilmartin has been a director of Jefferies Group since March 2014. She is Co-Founder and Chief Executive Officer of L&L MAG, a New York-based real estate development firm. Previously, she was the Chief Executive Officer and President of Forest City Ratner Companies, LLC, a subsidiary of Forest City Realty Trust, Inc (formerly, Forest City Enterprises, Inc.) from April 17, 2013 until January 2018. Ms Gilmartin served as an Executive Vice President of Commercial Development and Leasing of Forest City Ratner Companies, LLC until April 17, 2013 and co-managed the Commercial Development division. During her tenure, she led the efforts to build Barclays Center, the state-of-the-art sports and entertainment venue and the centerpiece of the $4.9 billion, 22-acre mixed-use Pacific Park Brooklyn development.
Prior to joining Forest City Ratner Companies, Ms Gilmartin served as Managing Director for Consulting Services at Grubb & Ellis Companies, advising corporations and developers on real estate and relocation needs. Previously, she served as Assistant Vice President for Commercial Development at the New York City Economic Development Corporation (EDC) during the Koch and Dinkins administrations. While with the EDC, she managed New York City’s multi-million dollar corporate retention program, which played a key role in retaining companies considering relocation from New York City, including Bear Stearns, Morgan Stanley and Chase Manhattan Bank.
Ms Gilmartin began her real estate development career as a New York City Urban Fellow in 1986 at the Public Development Corporation.
Jacob M. Katz has been a director of Jefferies Group since September 2016 and a director of Jefferies International Ltd. since November 2017.
He was the national managing partner and global leader of financial services at Grant Thornton LLP, a member firm of one of the world’s leading organizations of independent audit, tax and advisory firms, from 2013 until his retirement in July 2016. Mr Katz was employed by Grant Thornton for nearly 40 years, during which time he led Grant Thornton’s financial services practice for approximately 20 years. He held various other leadership roles at Grant Thornton, including as the Northeast region managing partner from 2010 to 2013, as the New York office managing partner from 2003 to 2013 and as a member of the firm’s partnership board from 1999 to 2012, holding the title of chairman of the board for much of that time. He currently serves on the board of Herc Holdings Inc., a New York Stock Exchange listed company.
As per the latest data from Jefferies, through September 30, 2018, the Group has received cumulatively $347 million of principal, interest and fees from its initial $279.0 million investment in FXCM. At September 30, 2018, Jefferies had a 50% voting interest in FXCM.