Piper Sandler board member Sherry Smith dies unexpectedly

Piper Sandler Companies (NYSE: PIPR) announced the unexpected death of board member Sherry Smith, who had served as a director since 2016.

Smith served as chairperson of the Audit Committee and brought financial expertise from her previous role as executive vice president and chief financial officer at SuperValu Inc. She also served as lead director for Deere & Company.

"Sherry was an outstanding director and an even better person," said Chad Abraham, chairman and chief executive officer of Piper Sandler. "She provided steady leadership, sound judgment, and a deep sense of purpose in every board discussion."

Tom Schreier, lead independent director, said Smith "brought humility, clarity, and insight to every meeting that she was involved in" and had "a unique ability to listen deeply, ask the right questions, and help the board and management see issues more clearly."

The Minneapolis-based investment bank described Smith as bringing "a wealth of experience, financial expertise, and unwavering integrity" during her tenure, which spanned a period of significant growth for the firm.

The information was disclosed in a company press release statement.

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