WOODLAND HILLS, Calif., Nov. 16, 2016 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) announced today that Perry Mandarino has been promoted to the newly created position of Senior Managing Director, Head of Corporate Finance. In this position, Perry will be responsible for all investment banking, restructuring and general corporate finance activity at B. Riley & Co., the broker dealer arm of B. Riley Financial.
"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," said B. Riley Financial Chairman and CEO, Bryant Riley. "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."
Mr. Mandarino joined B. Riley & Co. in February 2016 as Senior Managing Director and Head of Corporate Restructuring, bringing with him extensive experience in the retail, healthcare, real estate, energy, and communications sectors. He is recognized as an industry leader and trusted advisor of boards of directors, management teams, lenders, investors and governmental entities. Mr. Mandarino was named the 2014 "Turnaround Consultant of the Year" by The M&A Advisor and a Top 100 Global Restructuring and Turnaround Professional by Global M&A Network.
About B. Riley Financial, Inc.
B. Riley Financial, Inc. (NASDAQ: RILY) is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. The company also makes proprietary investments in other businesses where B. Riley Financial, Inc. is uniquely positioned to leverage its expertise and assets in order to maximize value. The Company operates through several wholly-owned subsidiaries, including B. Riley & Co., LLC (www.brileyco.com), Great American Group, LLC (www.greatamerican.com), Great American Capital Partners (http://gacapitalpartners.com) and B. Riley Capital Management, LLC (which includes B. Riley Asset Management and B. Riley Wealth Management, (www.brileywealth.com). Since the acquisition of United Online, Inc. (www.untd.com) in July 2016, B. Riley Financial, Inc. also provides internet access services under the NetZero and Juno brands.
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SOURCE B. Riley Financial