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Story perspectives

Ken Moelis Steps Down, New Leadership Takes Charge

6/9/2025

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Story summary
  • Ken Moelis will transition to executive chairman on October 1, 2025, stepping down as CEO.
  • Navid Mahmoodzadegan will take over as CEO, with Jeff Raich appointed as executive vice chairman.
  • This leadership change emphasizes long-term planning aimed at enhancing client service and growth.
  • Moelis co-founded the firm in 2007 and has successfully guided it through major deals and public offerings.