MINNEAPOLIS, June 10 /PRNewswire/ -- U.S. Bancorp Piper Jaffray (Piper
Jaffray) today announced that John Breon has been appointed director of
branches for the Private Advisory Services division and will report to Paul
Grangaard, head of the Private Advisory Services division. Breon was
formerly a senior vice president of investments for the Private Advisory
Services division. As director of branches for the firm, Breon will be
responsible for the day-to-day senior leadership of the Private Advisory
Services branch network, including client service, recruiting, financial
advisor training and growth. The division currently operates 120 private
client offices in 20 Midwest, Mountain, Southwest and Pacific states.
"John has demonstrated outstanding leadership talents within the firm and
in his active role in the community," said Paul Grangaard, head of the U.S.
Bancorp Piper Jaffray Private Advisory Services division.
"I have spent the last 21 years helping clients achieve their long-term
financial goals," said John Breon, director of branches for the Private
Advisory Services division. "I look forward to leveraging my experience
across the whole organization to further client service, financial advisor
training and profitability."
Breon has more than 21 year's of financial experience. Before his most
recent post at Piper Jaffray, Breon was an assistant treasurer, at Innsbrook
Corporation in St. Louis.
Breon graduated with a bachelor's degrees in accounting from Regis
University in Denver and holds a CIMA designation. Breon serves as vice
president of the board for Catholic Youth Camps of St. Paul, Minn. He lives
in Wayzata, Minn., with his wife Susan and their four children.
U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based U.S. Bancorp
(NYSE: USB) is focused securities firm comprised of four lines of business:
Equity Capital Markets, Fixed Income Capital Markets, Private Advisory
Services and Research. The firm provides a full range of investment products
and services to individuals, institutions and businesses and has over 124
offices in 25 states across the country. For more information on U.S. Bancorp
Piper Jaffray, visit www.piperjaffray.com .
This press release contains forward-looking statements. Statements that
are not historical or current facts, including statements about beliefs and
expectations, are forward-looking statements. These forward-looking
statements are subject to risks and uncertainties relating to the proposed
spin-off of the U.S. Bancorp Piper Jaffray business, including the impact of
the proposed spin-off on U.S. Bancorp's and the new company's results of
operations, the financial accounting consequences of the proposed transaction,
the impact of the spin-off on U.S. Bancorp's stock price and on its and the
new company's relationships with their respective customers and employees, the
tax consequences of the transaction to U.S. Bancorp, the new company and their
respective stockholders, changes in business climate or market conditions or
other factors which could make the proposed spin-off unadvisable. These
forward-looking statements involve other inherent risks and uncertainties, and
other important factors could cause actual results to differ materially from
those anticipated, including those contained in U.S. Bancorp's Form 10-K and
other reports on file with the U.S. Securities and Exchange Commission.
Forward-looking statements speak only as of the date they are made, and U.S.
Bancorp undertakes no obligation to update them in light of new information or
SOURCE U.S. Bancorp Piper Jaffray