B. Riley Securities’ (BRS), a middle market investment bank, board of directors appointed Jimmy Baker as CEO. Andy Moore, CEO since 2017, will transition from co-CEO, a role he and Baker have shared since March 2025, and continue as chairman of BRS, effective Jan. 1, 2026.
“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 said. “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.”
Moore said, “Working alongside Jimmy for the past fifteen years has provided me a firsthand view into his ability to inspire our teams and execute ambitious goals. I have complete confidence in his leadership to guide BRS with vision, purpose and integrity. As chairman, I am enthusiastic to continue supporting the firm’s strategic priorities and to help drive revenue growth as we extend our momentum into BRS’ next chapter.”
Baker was appointed co-CEO in March 2025 in connection with BRS’ carve-out transaction, in which he played a central role. Since joining B. Riley in 2010 as part of its award-winning equity research team, he has advanced through senior leadership roles across research, institutional sales, trading and capital markets. He spearheaded the firm’s post-merger integration of FBR Capital Markets, transforming the firm’s capital markets business.
He has been a key driver of BRS’ growth, serving as one of its top producers while leading numerous landmark transactions across the firm’s capital markets and investment banking practices. As head of capital markets since 2019 and president from 2021 to 2025, he has overseen the firm’s full platform. Baker is regarded for his client-first mindset, investor-centric approach and unwavering integrity.
