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Thomas B. Michaud

Thomas B. Michaud

President and Chief Executive Officer, Keefe, Bruyette & Woods


Tom Michaud began his career at Keefe, Bruyette & Woods (KBW) in 1986. He was named Chief Executive Officer in October 2011 and is responsible for directing all of the firm’s business lines in both the U.S. and Europe. Tom was named KBW's President in 2006 and Vice Chairman and Chief Operating Officer in 2001.

Under Tom’s leadership, KBW has become one of the leading investment banks to the financial services industry. The company is regularly recognized for its leadership in mergers & acquisitions, capital raising, equity research and equity sales and trading and is considered one of the premier specialist investment banks in the nation. Tom maintains strong personal relationships with leading industry executives, policy makers, and institutional investors and has been instrumental in executing many of KBW’s largest transactions.

In February 2013, Tom led the firm’s merger into Stifel Financial Corp. KBW is now a wholly owned subsidiary of Stifel Financial Corp. where Tom serves as Senior Vice President and is a member of Stifel’s Institutional Group Management Committee.

Tom is a member of the Board of Directors of 9/11 Day, the nonprofit organization that established and leads the September 11 National Day of Service and Remembrance, the nation’s largest annual day of charitable engagement. He also serves on the Board of the Foreign Policy Association of New York and the Board of Leaders of the Marshall School of Business at the University of Southern California.

Tom is a graduate of Middlebury College and earned an MBA from the Stern School of Business at New York University.