Senior Wall Street Executive Dies From COVID-19: Firm

March 30, 2020 Updated: March 30, 2020

The chief financial officer of Jefferies Group LLC died from complications caused by the CCP virus, according to the firm in a statement on Sunday.

Peregrine “Peg” Broadbent, 56, served as the CFO for the Wall Street company since 2007, the statement said.

Jefferies Group entered into a strategic partnership with BOC International Holdings Limited, a wholly-owned subsidiary of Bank of China in 2018.

The Epoch Times refers to the novel coronavirus, which causes the disease COVID-19, as the CCP virus because the Chinese Communist Party’s coverup and mismanagement allowed the virus to spread throughout China before it was transmitted worldwide.

“For over a dozen years, Peg has been our CFO and partner, and helped us build Jefferies from less than half its current size, and navigate through hard times and good times,” the company said. “He has also been a much-loved and respected leader to the incredible global team that provides the support, foundation and glue across our firm.”

In a joint statement Sunday, Jefferies CEO Rich Handler and chairman Brian Friedman said they were both “heartbroken” following his death.

“Part of what made Peg the great partner he was to all of us was his core humanity,” they wrote. “No matter what the occasion, his decency, calmness and dry wit were always there, always making things better. We will miss him terribly.”

The firm has now appointed Teri Gendron as the interim CFO and chief accounting officer.

Broadbent is survived by five children, the firm said.

The firm didn’t provide any more details about Broadbent’s death, including if he had any underlying health conditions.

As of Monday, the death toll in the United States reached 2,500 with more than 140,000 confirmed cases, according to researchers.