Latest news with #KenMoelis
Bloomberg
10 hours ago
- Business
- Bloomberg
Ken Moelis Plans to Step Down as CEO of His Investment Bank
Ken Moelis, who became one of the most recognizable dealmakers on Wall Street in his four-decade career, will step down as CEO of his boutique investment bank effective Oct. 1. The 66-year-old banker will take on the role of executive chairman at Moelis & Co., the company said in a statement Monday. Co-President Navid Mahmoodzadegan will become chief executive officer and join the bank's board.
Bloomberg
18 hours ago
- Business
- Bloomberg
How Kirkland & Ellis Hit the Highs in Houston
Hi, it's David Carnevali in New York, charting the rise of law firm Kirkland & Ellis as a force in US energy M&A advisory. Also today, Warner Bros. is splitting up and Wall Street veteran Ken Moelis is getting ready to hand over the reins at his eponymous investment bank. Today's top stories
Reuters
a day ago
- Business
- Reuters
Ken Moelis to step down as CEO of his investment bank, WSJ reports
June 9 (Reuters) - Ken Moelis is planning to step down as the chief executive officer of his investment bank Moelis & Co (MC.N), opens new tab, the Wall Street Journal reported on Monday. The veteran dealmaker is expected to become the executive chairman on October 1, the report said, citing an interview. Co-founder and co-president Navid Mahmoodzadegan is likely to succeed Moelis as the CEO, the report said. The bank did not immediately respond to a Reuters request for comment.
Bloomberg
a day ago
- Business
- Bloomberg
Ken Moelis to Step Down as CEO of His Investment Bank, WSJ Says
Ken Moelis, the founder of boutique investment firm Moelis & Co., said he will step down as chief executive officer effective Oct. 1, the Wall Street Journal reported. The 66-year-old banker will take on the role of executive chairman, he told the newspaper in an interview. Co-President Navid Mahmoodzadegan will become CEO and join the bank's board of directors, according to the report.
Yahoo
02-04-2025
- Business
- Yahoo
Moelis & Company to Announce First Quarter 2025 Financial Results and Host a Conference Call on April 23, 2025
NEW YORK, April 02, 2025--(BUSINESS WIRE)--Moelis & Company (NYSE: MC), a leading global independent investment bank, will release its first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. Ken Moelis, Chairman and Chief Executive Officer, and Chris Callesano, Chief Financial Officer, will also host a related conference call at 5:00pm ET on the same day (April 23, 2025) to review the financial results. Following the review, there will be a question and answer session. Investors and analysts may participate in the live conference call by dialing +1 (888) 300 4150 (domestic) or +1 (646) 970 1530 (international) and using access code 8014191. Please dial in 15 minutes before the conference call begins. The conference call will also be accessible as a listen-only audio webcast through the Investor Relations section of the Moelis & Company website at For those unable to listen to the live broadcast, a replay of the call will be available for one month via telephone starting approximately one hour after the live call ends. The replay can be accessed at +1 800 770 2030 (domestic) or +1 609 800 9909 (international); the conference number is 8014191. About Moelis & CompanyMoelis & Company ("Moelis") is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis's experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: View source version on Contacts Media Contact: Melissa ChilesMoelis & CompanyT: + 1 212 883 3583press@ Investor Contact: Matt TsukroffMoelis & CompanyT: + 1 212 883 3800M: +1 917 526 Sign in to access your portfolio
