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AI brief of an SEC Form 8-K · Moelis & (MC)

Moelis CEO Ken Moelis to become Executive Chairman; Navid Mahmoodzadegan to succeed him

Neutral Impact 4 of 5 leadership Written later

Moelis & Company announced that founder Ken Moelis, CEO since the firm's 2007 inception, will become Executive Chairman, and co-president Navid Mahmoodzadegan will succeed him as CEO and join the Board. The changes take effect October 1, 2025. The filing does not report financial results, but a CEO transition at a company of this kind is significant for shareholders, and the new CEO received a one-time performance award tied to share price targets.

Key points

  • Navid Mahmoodzadegan succeeds Ken Moelis as CEO effective October 1, 2025 and joins the Board of Directors.
  • Jeff Raich, Co-Founder and Co-President, becomes Executive Vice Chairman.
  • Mahmoodzadegan received a one-time grant of 450,000 Performance Units, which vest only if the highest 20-day VWAP reaches $86.00 to $144.00 by September 30, 2030, with a time-based vesting schedule.

The filing

CompanyMoelis & (MC)
Form8-K, current report
Filed with the SECJun 9, 2025, 8:00 AM ET
Accession number0001193125-25-137453

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 09, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.