Stifel Financial Corp. Appoints Robert Haile, Joseph Sparacino, and KC Hazarika as Managing Directors Based in Boston
January 07, 2020 at 08:30 am
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Stifel Financial Corp. announced three senior hires in its Consumer Investment Banking Group. Robert Haile, Joseph Sparacino, and KC Hazarika have joined Stifel as Managing Directors based in Boston. The hiring of this team extends Stifel’s already formidable consumer franchise into the food, agribusiness, and automotive aftermarket sectors. Mr. Haile joins Stifel from BB&T Capital Markets, where he was a Managing Director, leading the firm’s Food & Agribusiness Group. He has more than 20 years of relevant experience and is a specialist in mergers, acquisitions, and financings in the global consumer sector, having executed more than 100 transactions valued at $70 billion. Previously, Mr. Haile was a Managing Director at boutique advisory firm TCI, where he co-headed the firm’s M&A platform. His prior experience includes work as a Senior Vice President at EG Capital Group, a private equity fund focused on buyouts of middle-market companies in the consumer and media sectors. Mr. Haile began his career at J.P. Morgan in the firm’s Global M&A Group. Mr. Sparacino brings to Stifel nearly 20 years of investment banking and corporate finance experience, advising private companies, public entities, and financial sponsors and their portfolio companies across the consumer sector. Prior to joining Stifel, Mr. Sparacino was a Managing Director at BB&T Capital Markets, leading the Automotive Aftermarket Investment Banking Group.
Stifel Financial Corp. is a financial holding company. The Company's principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a full-service retail and institutional wealth management and investment banking company. Its segment includes Global Wealth Management, Institutional Group, and others. Its Global Wealth Management segment consists of two businesses, the Private Client Group and Stifel Bancorp. The Private Client Group provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance, as well as offering banking products to its private clients through its bank subsidiaries, which provide residential, consumer, commercial lending, and FDIC-insured deposit accounts to customers. The Institutional Group segment includes institutional sales and trading. The Other segment includes interest income from stock borrow activities, unallocated interest expense, interest income and gains and losses from investments.