Piper Sandler Companies (NYSE: PIPR) announced the election of Wendy L. Schoppert to its board of directors, effective September 22, 2026. The appointment was made by the company’s Nominating and Governance Committee and approved by the full Board.
Ms. Schoppert will serve on the Board’s Audit Committee. Her initial term is set to expire at the Company’s 2027 annual meeting of shareholders. Following her election, the total number of directors on the Board increased from 10 to 11 members.
The filing details Ms. Schoppert’s professional background, which includes serving as executive vice president and chief financial officer of Sleep Number Corporation from 2011 to 2014. She previously held the role of senior vice president and chief information officer at Sleep Number from 2008 to 2011, and was senior vice president and general manager of International and New Channel Development from 2005 to 2008. Prior to her tenure at Sleep Number, she held senior roles at U.S. Bank and began her career in the airline industry with America West Airlines, Northwest Airlines, and American Airlines.
Currently, Ms. Schoppert serves as a director of DaVita, Inc. and Fossil Group, Inc. She previously served on the boards of Sun Country Airlines Holdings, Inc., The ODP Corporation (Office Depot/OfficeMax), The Hershey Company, and Big Lots, Inc.
In connection with her service, Ms. Schoppert will participate in the Company’s 2026 non-employee director compensation program. She is set to receive a pro-rated $100,000 annual cash retainer, a $60,000 initial equity grant, and a pro-rated $150,000 annual equity grant for the remainder of the fiscal year ending December 31, 2026.
The Company stated that there are no arrangements or understandings between Ms. Schoppert and any other persons regarding her selection as a director, and that she has not engaged in any related person transactions with Piper Sandler.
