Richard B. "Rich" Handler (born May 23, 1961) is an American businessman, currently serving as the Chairman of the Board and CEO of Jefferies Group, where he is the longest-tenured CEO on Wall Street. Handler also serves as the CEO and director of Leucadia.
Handler grew up in New Jersey, graduating in 1979 from Pascack Hills High School in Montvale. Handler received a BA in economics from the University of Rochester in 1983 and an MBA from Stanford University in 1987. Before graduate school, he worked as an investment banker at First Boston, and after as a junk bond trader for Michael Milken at Drexel Burnham Lambert.
Handler joined Jefferies in April 1990 as a salesman and trader and was appointed CEO on January 1, 2001, Chairman in 2002. During his time at Jefferies, between 1990 and 2012, shares compounded annually at 22%. On November 12, 2012, Jefferies announced its merger with Leucadia, its largest shareholder. At that time, Leucadia common shares were trading at $21.14 per share. As of December 31, 2015, Leucadia shares were trading at $17.39 per share. In March 2013, Jefferies merged with Leucadia, and Handler became CEO of both companies.