08:37 AM EDT, 06/09/2025 (MT Newswires) -- 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.