Finance
Houlihan Lokey Names Scott Adelson CEO as Scott Beiser Steps Down
- Beiser is ending a two-decade run at helm of the LA-based bank
- Financial advisory firm has soared in value over past decade
Scott Adelson
Source: Scott AdelsonThis article is for subscribers only.
Houlihan Lokey Inc. Chief Executive Officer Scott Beiser is resigning from the role after more than two decades and will be succeeded by Co-President Scott Adelson.
The change will take effect June 10, the Los Angeles-based investment bank said Monday in a statement. Beiser, who has been CEO since 2003, will become a co-chairman. Adelson, 63, is also co-head of corporate finance.