B. Riley Financial appoints Scott Yessner as CFO; B. Riley Securities reports 2024 adjusted net income of $33.1M

BRC Group Holdings, Inc.

Scott Yessner appointed CFO effective June 3, 2025, succeeding Phillip Ahn who resigned May 16.
Yessner receives $600K base salary, target bonus $1M, signing bonus $1M, 300K options (tranches at $7/$10/$12.50) and 100K restricted shares.
B. Riley Securities (carve-out) reports 2024 adjusted net revenue $211.0M, adjusted net income $33.1M, total revenue $217.7M.
BRS raised $16.5B in debt/equity for clients in 2024; expanded Convertibles and Liability Management capabilities.
Yessner previously CFO of Funko, CEMCO (led $40M EBITDA improvement), and Universal Technical Institute ($45M EBITDA improvement).

item 3.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Scott Yessner

Executive Vice President and Chief Financial Officer

RILY · BRC Group Holdings, Inc.

Effective: 2025-06-03
Filed: May 22, 2025, 7:59 PM ET

Scott Yessner has been appointed to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 3, 2025

Departed

Phillip J. Ahn

Chief Financial Officer and Chief Operating Officer

RILY · BRC Group Holdings, Inc.

Effective: 2025-06-03
Successor: Scott Yessner
Filed: May 22, 2025, 7:59 PM ET

Mr. Yessner succeeds Phillip J. Ahn, who resigned on May 16, 2025 as Chief Financial Officer and Chief Operating Officer of the Company as well as a director and officer of certain Company subsidiaries, effective as of the Transition Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Yessner was appointed as Executive Vice President and Chief Financial Officer at BRC Group Holdings, Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Scott Yessner has been appointed to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 3, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Phillip J. Ahn resigned as Chief Financial Officer and Chief Operating Officer at BRC Group Holdings, Inc..

Action: resigned
Role: Chief Financial Officer and Chief Operating Officer

Exact text from the filing

Mr. Yessner succeeds Phillip J. Ahn, who resigned on May 16, 2025 as Chief Financial Officer and Chief Operating Officer of the Company as well as a director and officer of certain Company subsidiaries, effective as of the Transition Date.

View on SEC.gov

BRC Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-046915

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