B. Riley Financial Announces CFO Transition

Core Viewpoint - B. Riley Financial has appointed Scott Yessner as the new Chief Financial Officer, effective June 3, 2025, succeeding Phillip Ahn, who is leaving for another opportunity [1][3]. Group 1: Appointment Details - Scott Yessner has been a strategic advisor for B. Riley Financial for the past two months prior to his appointment [1]. - Phillip Ahn has been with B. Riley for over a decade and has played a significant role in the company's executive team [3]. Group 2: Scott Yessner's Background - Mr. Yessner has extensive experience as a CFO, having previously improved EBITDA by $40 million at CEMCO and $45 million at Universal Technical Institute, with the latter seeing a 250% increase in stock price during his tenure [2][4]. - He has also held executive roles at Wells Fargo Advisors and MUFG Union Bank, and has experience advising private equity firms [5]. Group 3: Company Insights - B. Riley Financial is a diversified financial services company that provides a wide range of solutions including investment banking, private wealth management, and corporate restructuring [6]. - The company aims to deliver tailored solutions to meet the strategic, operational, and capital needs of its clients [6].