Moelis (MC) said Monday that Co-Founder and Co-President Navid Mahmoodzadegan will assume the role of chief executive officer, starting Oct. 1
Mahmoodzadegan, who will also join the board, will succeed Ken Moelis, who will transition to executive chairman but will continue advising clients, the company said.
Co-Founder and Co-President Jeff Raich will become executive vice chairman, also effective Oct. 1, the company added.
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