MC 8-K
Moelis & Co (MC)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 27, 2025 (
(Exact name of Registrant as Specified in Its Charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)(c) On February 27, 2025, Moelis & Company (the “Company”) announced the appointment of Christopher Callesano to Chief Financial Officer effective March 31, 2025. Mr. Callesano succeeds Joseph Simon, our current CFO, who will be leaving the Company following a distinguished 15-year tenure at Moelis. Mr. Simon provided notice of his resignation on February 25, 2025 and will be leaving the Company at the end of May. Additionally, Nick Riehl, our current Head of Financial Reporting, has been appointed as Principal Accounting Officer effective March 31, 2025 succeeding Mr. Callesano in that role.
Biographical Information for Christopher Callesano
Mr. Callesano is currently a Managing Director of the Company and has served as our Principal Accounting Officer since 2016 and Corporate Controller since 2010. Mr. Callesano also served as Chief Financial Officer of Atlas Crest Investment Corp. from 2020 to 2021and Atlas Crest Investment Corp. II from 2021 to 2022. From 2008 to 2010, Mr. Callesano was Senior Managing Director of Financial Reporting and Accounting Policy at NASDAQ OMX where he was responsible for the financial statements filed with the SEC. Previously, Mr. Callesano worked at Merrill Lynch from 2004 to 2008, most recently as Director of Corporate Reporting. Prior to joining Merrill Lynch, Mr. Callesano held various other accounting positions, including as an auditor with Ernst & Young. Mr. Callesano holds a B.S. in Accounting from Penn State University and an M.B.A. in Finance from the Stern School of Business at New York University. He is a Certified Public Accountant and holds a Series 27 license.
Biographical Information for Nick Riehl
Mr. Riehl is currently an Executive Director of the Company and has served as our Head of Financial Reporting since 2018 after joining the Company in 2014. Previously, Mr. Riehl worked at Toys-R-Us from 2010 to 2014, most recently as Manager of Technical Accounting and Policies. In 2009, Mr. Riehl was an Audit Associate at KPMG LLP. Mr. Riehl holds a B.S. in Accounting from The College of New Jersey. He is a Certified Public Accountant and holds a Series 27 license.
Item 7.01 Regulation FD Disclosure.
On February 27, 2025, the Company issued a press release announcing the described above.
A copy of the press release is attached hereto as Exhibit 99.1. All information in the press release is furnished but not filed.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit Number |
Description | |
| 99.1 | Press Release of Moelis & Company dated February 27, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MOELIS & COMPANY | ||||||
| Date: February 27, 2025 | By: | /s/ Osamu Watanabe | ||||
| Name: Osamu Watanabe | ||||||
| Title: General Counsel and Secretary | ||||||
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Exhibit 99.1
Moelis Promotes Christopher Callesano to Chief Financial Officer
New York, February 27, 2025 – Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Christopher Callesano to Chief Financial Officer effective March 31, 2025. Chris succeeds Joseph Simon who will be leaving the Firm following a distinguished 15-year tenure at Moelis. Joe will work closely with Chris and the executive team to ensure a seamless transition over the next three months before joining Wachtell, Lipton, Rosen & Katz as Chief Financial Officer.
Chris has been with Moelis since 2010 and currently serves as Managing Director, Principal Accounting Officer and Corporate Controller. With over 25 years of finance and accounting experience, he has worked alongside Joe for almost 15 years and has been heavily involved in building the Firm’s finance and accounting infrastructure and operations to support Moelis’s significant growth. Chris will continue to be based at the Firm’s headquarters in New York.
Commenting on the appointment, Ken Moelis said, “We want to thank Joe for his trusted partnership and exceptional contributions to our Firm. His leadership has been integral to our growth and our evolution as a public company, and we wish him well in his new position as CFO of Wachtell Lipton, a trusted legal partner to us for many years. Chris has a strong track record, deep financial expertise, and intimate knowledge of our operations and culture. We congratulate Chris on his new role and look forward to his contributions as we continue executing our growth strategy to better serve our clients and shareholders.”
Chris commented, “I am excited to take on this role and deeply appreciate the trust that Ken and the executive team have placed in me. Moelis has been my home for nearly 15 years, and I look forward to building on our strong foundation and leading the financial team to support the next phase of the Firm’s growth. I also want to thank Joe for his support throughout my time at Moelis and preparing me for this critical role.”
Prior to joining Moelis, Chris was Senior Managing Director of Financial Reporting and Policy at NASDAQ OMX. Before that, he served as Director of Corporate Reporting at Merrill Lynch and began his career as an auditor at Ernst & Young. Chris holds a B.S. in Accounting from Penn State University, an M.B.A. from the Stern School of Business at New York University and is a Certified Public Accountant.
-ENDS-
About Moelis & Company
Moelis & Company (“Moelis”) is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 23 locations in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.