82.1 F
San Fernando
Thursday, Mar 28, 2024

B. Riley FBR Names Restructuring Head

B. Riley FBR Inc. has hired Richard NeJame as senior managing director of the firm’s corporate restructuring division, the company announced Tuesday. The investment bank, a subsidiary of B. Riley Financial Inc. in Woodland Hills, said NeJame will be based in the firm’s New York office. NeJame joins B. Riley from Oppenheimer & Co., where he served as managing director of restructuring and special situations advisory. He previously served as a managing director at Gleacher & Co. Earlier in his career, he was a founding member of Lazard’s restructuring group. “With a long track record of success advising clients on complex matters and recapitalization situations, Rich brings extensive experience in all aspects of restructuring and transaction advisory,” Perry Mandarino, B. Riley’s co-head of investment banking, said in a statement. Shares of B. Riley (RILY) closed Tuesday down 4 cents, or a fraction of a percent, to $21.43 on the Nasdaq.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

Featured Articles

Related Articles