Former United States Senator Bob Corker (R-Tenn) has joined Jefferies as a Special Advisor. Mr Corker will primarily work within Jefferies’s Investment Banking business in an advisory role with its investment bankers and clients.

Before entering public service, Bob Corker founded his own company at the age of 25, which focused on the construction, development, and acquisition of real estate and operated in 18 states across the country. In 1995, he became Commissioner of Finance for the State of Tennessee and later served as Mayor of Chattanooga from 2001 to 2005.

He was elected to the United States Senate in 2006 and overwhelmingly reelected in 2012, keeping his commitment to serve only two terms before returning to private life in January 2019.

“I am thrilled to join Jefferies and contribute to the firm’s ongoing success and momentum,” commented Mr Corker. “The firm’s sector-based approach, coupled with a relentless focus on delivering unique solutions for clients, were key drivers for my decision to join Jefferies, and I look forward to helping advance the firm to a new level.”

Rich Handler, CEO of Jefferies, and Brian Friedman, President, commented, “We are incredibly excited to welcome former U.S. Senator Bob Corker to Jefferies. Bob will work closely with us as we continue to build on Jefferies’ momentum and capitalize on the opportunities available to our firm. Bob’s successful business and entrepreneurial background, coupled with his nearly 20 years of local, state and federal service, uniquely qualify him to help us drive the future of Jefferies.

“In particular, Bob’s great work in the Senate over a dozen years, including his service as Chairman of the Senate Foreign Relations Committee and as an influential member of the Senate Banking Committee, will greatly benefit Jefferies’ clients. We know his skills, insights, experience, perspective, and relationships will bring an entirely new and exciting dimension to our investment banking franchise and our entire firm,” added Mr Handler and Mr Friedman.