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Warren Stephens steps down, turns reins of Stephens, Inc. over to his sons
LITTLE ROCK, Ark. – A Little Rock financial juggernaut’s eponymous head announced his retirement as president and CEO on Tuesday.
Warren Stephens announced his resignation from Stephens, Inc. and turning the role over to his sons, Miles and John Stephens, as co-chief executive officers. Warren Stephens said he would remain as chairman.
The announcement followed Stephens’ 39 years as CEO. The Little Rock headquartered business was founded in 1933 by Warren Stephens’ father, Jackson T. Stephens, and Uncle Witt Stephens to trade Arkansas highway bonds. Stephens, Inc. now manages billions in funds across multiple financial services and is one of the top investment banking firms in the country and one of the largest privately owned investment banks in the United States
On Dec. 2, 2024, president-elect Donald Trump announced he had selected Warren Stephens to be his administration’s ambassador to the United Kingdom.
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https://www.kark.com/news/business/warren-stephens-steps-down-turns-reigns-of-stephens-inc-over-to-his-sons/