Houlihan Lokey CEO Scott Beiser to step down, Scott Adelson named next CEO

Houlihan Lokey announced that Scott Beiser will step down as Chief Executive Officer, a role he has held since 2003. Scott Adelson, Co-President and Global Co-Head of Corporate Finance, will succeed Mr. Beiser as Chief Executive Officer. Mr. Beiser will remain an executive officer of the firm as a Co-Chairman of Houlihan Lokey. In addition to these changes, Eric Siegert, Global Co-Head of Financial Restructuring, will assume the role of Co-Chairman alongside Mr. Beiser and Irwin Gold, currently Executive Chairman. David Preiser will step down from his current role as Co-President and will continue to serve the firm as Vice Chairman. Mr. Siegert also will continue in his current co-head role in Financial Restructuring, and Mr. Adelson will be succeeded by longtime senior officers as Global Co-Heads of Corporate Finance. The changes were approved by Houlihan Lokey’s Board of Directors on March 1, 2024 and will be effective June 10, 2024.