Stephens Insurance Announces Leadership Transition

Korosh Saba as new President and CEO

Lizzie Phillips Sanford named Chief Strategy Officer

Stephens Insurance, LLC, an affiliate of Stephens Inc., today announced that Korosh Saba is the new President and Chief Executive Officer and Lizzie Phillips Sanford is the new Chief Strategy Officer of Stephens Insurance. Miles Stephens, the former CEO of Stephens Insurance, was recently appointed Co-CEO of Stephens Inc.

“Korosh is an exceptional leader who consistently provides outstanding client service,” said Miles Stephens, Co-CEO of Stephens Inc. “His insight, work ethic, and guidance have proven invaluable to clients, Stephens Insurance professionals, and the broader firm. I am incredibly proud of Korosh and am confident he will excel as President and CEO of Stephens Insurance.”

Korosh Saba joined Stephens Insurance as a Senior Vice President in 2019. Prior to that, he was part of Stephens’ investment banking division within the Power & Industrial Technology group and began his career at Stephens in the firm’s Equity Research department in 2011. Saba earned his MBA from the University of Chicago and is an honors graduate of the University of Arkansas.

“Lizzie has been an integral part of our team for more than five years and has demonstrated a great capacity for data driven results,” Miles Stephens continued. “She has a uniquely diverse background in analytics and economics that brings together different data points to show a new side of challenges and opportunities. As Chief Strategy Officer, Lizzie will further our ability to serve client needs with greater insights and a broader slate of solutions.”

Lizzie Phillips Sanford joined Stephens Insurance in 2019 as Chief Information Officer. Prior to that, she started her own firm, Rock Analytics, which specialized in data visualization solutions. Before Rock Analytics, Sanford was a Director and Senior Economist at Keybridge in Washington, DC. Sanford holds an MPA in Economics and Health Policy from Princeton University and is a graduate of Rhodes College.

About Stephens Insurance, LLC

Stephens Insurance, LLC is headquartered in Little Rock, Arkansas and is one of the largest privately owned insurance brokerages in the mid-South. Stephens Insurance has approximately 200 associates across its network of offices in Little Rock, Fayetteville, Houston, Dallas, Birmingham, and Jackson. Stephens Insurance is located at 111 Center Street, Little Rock, Arkansas 72201, phone number (800) 852-5053.

About Stephens

“Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited.

Stephens Inc. is headquartered in Little Rock, Arkansas. Founded in 1933, Stephens Inc. provides securities brokerage, investment banking and other financial services to a broad client base which includes corporations, state and local governments, financial institutions, institutional investors and individual investors throughout the United States and overseas. Stephens Inc. (Home Office: 111 Center Street, Little Rock, AR USA, 501-377-2000) is regulated by the Securities and Exchange Commission and the Financial Industry Regulatory Authority. Member SIPC/NYSE. For more information, visit www.stephens.com.

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