Mr. Michaud has spent nearly three decades at Keefe, Bruyette & Woods. He was named Chief Executive Officer and President of KBW in October 2011, having served as Vice Chairman and Chief Operating Officer since September 2001. Under Mr. Michaud's leadership, KBW has become one of the top traders of financial services stocks and developed an industry leading equity research effort. KBW has also emerged as a top manager of small, mid and large cap equity offerings and remains a leading M&A advisor to companies across the financial services industry. KBW became a wholly owned subsidiary of Stifel Financial Corp. in February of 2013 and Mr. Michaud sits on Stifel's Board of Directors. Mr. Michaud is a graduate of Middlebury College and earned an M.B.A. from the Stern School of Business at New York University. He currently serves on the Board of Advisors of the Greenwich, Connecticut chapter of The American Red Cross, is on the Board of Directors for the Foreign Policy Association, a non-profit organization, and serves on the Middlebury College Capital Campaign Committee.