B. Riley Securities Appoints Jimmy Baker as New CEO to Drive Future Growth

B. Riley Securities Welcomes a New Era with Jimmy Baker as CEO

B. Riley Securities Holdings, Inc., known for its excellent middle-market investment banking solutions, has made a significant leadership change. As of January 1, 2026, Jimmy Baker will officially take over as the Chief Executive Officer (CEO), succeeding Andy Moore, who served as CEO since 2017. This strategic move comes after a transitional period during which Baker and Moore have been Co-CEOs since March 2025.

In his statements, Jimmy Baker expressed gratitude for Moore's leadership and emphasized the importance of guided transitions in the company's future. "I am deeply grateful for Andy's leadership and dedication over the past two decades. His stewardship has been instrumental to our success, and I expect our firm to continue to benefit from his guidance as Chairman of our Board," Baker stated. This perception of continuity is crucial as the firm positions itself for its next growth chapter.

Moore shared similar sentiments regarding Baker’s capabilities. Having worked closely with him for 15 years, Moore acknowledged Baker's ability to inspire teams and execute ambitious goals. He expressed full confidence in Baker’s capability to steer B. Riley Securities with integrity and purpose during this crucial junction.

Jimmy Baker's journey with B. Riley began in 2010, when he joined as part of its esteemed equity research team. His ascent through various senior leadership roles has been notable, especially as he played a pivotal part in the firm’s carving out transaction, which saw Baker stepping into the Co-CEO role earlier this year.

Before his new appointment, he was instrumental in overseeing the integration of FBR Capital Markets into B. Riley, establishing the latter as a frontrunner in middle-market capital formation. Baker has consistently worked at the helm of the Capital Markets division since 2019 and served as the President from 2021 to 2025, showcasing his extensive experience and leadership.

Baker's approach is highly regarded in the financial circles, known for a client-first mindset and unwavering integrity, which have positioned B. Riley Securities as a key player in various landmark transactions within its investment banking practices.

Moving forward, the firm is keenly focused on its post-carve out strategy, which is aligned with both client and employee priorities. Baker stated, "I am honored to lead our team into our next chapter of growth. We remain laser-focused on executing our post-carve out strategy which aligns our priorities with those of our clients and employees."

The comprehensive suite of services at B. Riley Securities encompasses everything from initial offerings to M&A advisory, showcasing a robust platform that caters to diverse client needs. The firm's offerings include SPACs, corporate restructuring, and more, tapping into emerging market demands and financial landscapes.

As Baker takes up his new leadership role, the firm looks forward to continuing its legacy of offering outstanding investment banking services while accelerating revenue growth and extending its market reach. For stakeholders and clients alike, this leadership change signifies not just a continuity of vision but also a refreshing perspective on growth and opportunities ahead.

For more insights on B. Riley Securities’ operations and services, visit B. Riley Securities.