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Thursday, Dec 8, 2022
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B. Riley Creates New Corporate Finance Position

B. Riley Financial Inc. (RILY) has promoted Perry Mandarino to the new position of senior managing director and head of corporate finance. The Woodland Hills investment company said that in his new job, Mandarino will be responsible for investment banking, restructuring and general corporate finance activity at B. Riley & Co., the broker dealer arm of the company. Mandarino joined B. Riley in February as head of corporate restructuring. He previously worked at accounting firm PwC. “Perry joined the firm earlier this year and, with the newly formed team of experienced professionals, has successfully grown the restructuring group into a vibrant practice,” Chairman Bryant Riley said in a statement. “In that time, it has become apparent that the restructuring practice complements the activity of our investment banking group and other parts of the firm, most notably asset disposition. With his expertise and background, his mandate will include the coordination of activity among several parts of our business to deliver premier services to our clients.” Shares closed unchanged at $15.25 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.
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