Moelis & Company (NYSE: MC) has announced key senior leadership changes, effective as of October 1, 2025. Founder Ken Moelis will transition to the role of Executive Chairman, while Navid Mahmoodzadegan, Co-Founder and Co-President, will succeed Ken as Chief Executive Officer. Jeff Raich, Co-Founder and Co-President, will become the Executive Vice Chairman of Moelis.
Navid Mahmoodzadegan, with 30 years of experience, has co-led the Firm’s investment banking business since its founding. Prior to Moelis, he served as Global Head of Media Investment Banking at UBS and was an investment banker at Donaldson, Lufkin & Jenrette. Navid holds an A.B. with Highest Distinction from the University of Michigan and a J.D. from Harvard Law School, magna cum laude.
Ken Moelis expressed confidence in the firm's future, stating, "We have the highest quality talent and the most extensive capabilities for clients in our history." He emphasized Navid's role in the firm's strategic growth and decision-making, noting that Navid has the full support of the Board to lead Moelis into the future.
Navid Mahmoodzadegan commented, "As we move forward, we will continue to put clients first – that has always been the key to the Firm’s long-term success and achieving outstanding results for our shareholders."
Ken highlighted Jeff Raich's critical leadership role in shaping Moelis since its founding, expressing excitement about the next chapter and serving clients alongside Navid, Jeff, and the leadership team for years to come.
Moelis & Company is a leading global independent investment bank that provides strategic advice and solutions to a diverse client base, offering comprehensive integrated financial advisory services across major industry sectors. The firm serves clients from locations across North and South America, Europe, the Middle East, and Asia-Pacific.
For further information, please visit: www.moelis.com. As a result of these announcements, the company's shares have moved -0.12% on the market, and are now trading at a price of $58.99. Check out the company's full 8-K submission here.