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Moelis ( (MC) ) has shared an announcement.
On February 4, 2025, the Compensation Committee of Moelis & Company approved a retention grant valued at $25,000,000 in profits interest limited partnership units for Ken Moelis, the Chairman and CEO. This decision aims to ensure leadership stability and acknowledges Mr. Moelis’ contributions to the company’s strategy and shareholder value. The award will fully vest by February 13, 2029, contingent on Mr. Moelis’ continued employment with the company, with restrictions on selling the units until one year post-vesting.
More about Moelis
YTD Price Performance: 6.20%
Average Trading Volume: 640,928
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.04B
For a thorough assessment of MC stock, go to TipRanks’ Stock Analysis page.