Companies BRC Group Holdings, Inc.
BRC (RILY): executive pay, fiscal 2025
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CEO pay, last three years
- $5,563,318FY2023
- $2,168,622FY2024
- $3,335,500FY2025
CEO total pay was $3,335,500 in fiscal 2025, up from $2,168,622 in fiscal 2024.
FY2025: salary $700,000 · bonus $2,450,000 · stock awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Bryant Riley | $639,292 | $0 | $0 | — | $15,298,388 | $0 | $185,500 | $16,123,180 |
| Chairman and Co-Chief Executive Officer | ||||||||
| Andrew Moore | 550,000 | 1,250,000 | 2,165,623 | — | 195,736 | 0 | 208,626 | 4,369,985 |
| Chief Executive Officer, B. Riley Securities, Inc. | ||||||||
| Thomas Kelleher | 700,000 | 2,450,000 | 0 | — | — | 0 | 185,500 | 3,335,500 |
| Co-Chief Executive Officer | ||||||||
| Scott Yessner | 320,769 | 878,274 | 295,000 | 523,000 | 500,000 | 0 | 5,250 | 2,522,293 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Alan Forman | 497,692 | 750,000 | 0 | — | — | 0 | 27,166 | 1,274,858 |
| Executive Vice President, General Counsel & Secretary | ||||||||
| Phillip Ahn | 211,154 | 0 | 0 | — | — | 0 | 95,102 | 306,256 |
| Chief Financial Officer and Chief Operating Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Bryant Riley | $16,123,180 | $2,168,622 | $5,563,318 | ↑ +13,954,558 |
| Andrew Moore | 4,369,985 | 2,277,666 | 4,258,485 | ↑ +2,092,319 |
| Thomas Kelleher | 3,335,500 | 2,168,622 | 5,563,318 | ↑ +1,166,878 |
| Scott Yessner | 2,522,293 | — | — | — |
| Alan Forman | 1,274,858 | 1,480,452 | 2,020,112 | ↓ −205,594 |
| Phillip Ahn | 306,256 | 1,194,211 | 3,555,479 | ↓ −887,955 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our executive compensation program is designed to provide incentives to our executive officers to manage and grow our businesses and to attract, retain, and motivate top quality, effective executives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Scott Yessner | OPTION | 2025-06-03 | — | — | 100,000 | — | $172,000 |
| Scott Yessner | OPTION | 2025-06-03 | — | — | 100,000 | — | 190,000 |
| Scott Yessner | OPTION | 2025-06-03 | — | — | 100,000 | — | 161,000 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Scott Yessner | $0 | $0 | $523,000 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Alan Forman | RSU | 18,285 | — | $85,391 |
| Andrew Moore | RSU | 37,874 | — | 176,872 |
| Bryant Riley | RSU | 71,793 | — | 335,273 |
| Thomas Kelleher | RSU | 71,793 | — | 335,273 |
| Scott Yessner | Option | 100,000 | 7 | — |
| Scott Yessner | Option | 100,000 | 10 | — |
| Scott Yessner | Option | 100,000 | 12.5 | — |
| Andrew Moore | RSU | 187,360 | — | 2,165,623 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Renée E. LaBranIndependent · Audit · ESG · Environmental, Social and Corporate Governance | $109,162 | $0 | $0 | — | $0 | $109,162 |
| Mimi K. WaltersIndependent · ESG (Chair) · Environmental, Social and Corporate Governance | 106,865 | 0 | 0 | — | 0 | 106,865 |
| Tammy BrandtIndependent · Compensation | 102,273 | 0 | 0 | — | 0 | 102,273 |
| Randall E. PaulsonIndependent · Audit (Chair) | 82,663 | 0 | 0 | — | 0 | 82,663 |
| Robert D AgostinoIndependent · Audit Committee · Compensation Committee (Chair) · Not standing for re-election | 82,663 | 0 | 0 | — | 0 | 82,663 |
| Robert L. AntinIndependent · Compensation · ESG · Environmental, Social and Corporate Governance | 73,478 | 0 | 0 | — | 0 | 73,478 |
| Michael J. SheldonNot independent | 71,182 | 0 | 0 | — | 0 | 71,182 |
| Thomas J. KelleherEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Bryant R. RileyEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $100,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $628,286 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $628,286 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names BRC as a peer
Companies that benchmark against RILY
7 companies name RILY as a compensation peer
- BEYOND MEAT, INC.BYNDFY2025
- CALAVO GROWERS INCCVGWFY2024
- Freedom Holding Corp.FRHCFY2026
- Gold.com, Inc.GOLDFY2026
- OPPENHEIMER HOLDINGS INCOPYFY2025
- WisdomTree, Inc.WTFY2025
Each company listed discloses RILY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named RILY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
Of the companies BRC Group Holdings, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including BRC Group Holdings, Inc..
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Moelis & Company | 2025 | Navid Mahmoodzadegan | $400,000 | $34,120,701 | $0 | $0 | $42,846,376 |
| 2 | Lazard Ltd. | 2025 | Peter Orszag | 900,000 | 8,666,548 | 0 | 0 | 13,723,452 |
| 3 | Houlihan Lokey Inc. | 2026 | Scott Adelson | 500,000 | 0 | 0 | 12,500,000 | 13,000,000 |
| 4 | BGC Group, Inc. | 2025 | John Abularrage | 750,000 | 1,416,057 | 0 | 6,400,000 | 11,066,057 |
| 5 | Oppenheimer Holdings Inc. | 2025 | Robert Lowenthal | 500,000 | 1,037,400 | 0 | 8,000,000 | 9,546,400 |
| 6 | Perella Weinberg Partners | 2025 | Andrew Bednar | 500,000 | 5,250,000 | 0 | 1,000,000 | 6,750,000 |
| 7 | Greenhill & Co. Inc. | 2022 | Scott Bok | 50,000 | 4,200,000 | 0 | 0 | 4,469,618 |
| 8 | BRC Group Holdings, Inc. | 2025 | Thomas Kelleher | 700,000 | 0 | — | — | 3,335,500 |
| 9 | PJT Partners Inc. | 2025 | Paul Taubman | 1,000,000 | 0 | 0 | 0 | 1,031,350 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| BRC Group Holdings, Inc. | not disclosed | RSU 100 | not disclosed | Mercer |
| BGC Group, Inc. | not disclosed | RSU 100 | not disclosed | Korn Ferry |
| Greenhill & Co. Inc. | not disclosed | not disclosed | not disclosed | Compensation Advisory Partners LLC |
| Houlihan Lokey Inc. | not disclosed | not disclosed | No | WTW |
| Lazard Ltd. | not disclosed | MSU 50 · PIPR 50 | Yes — 3-year relative TSR vs. S&P 1500 | Compensation Advisory Partners (CAP) |
| Moelis & Company | not disclosed | not disclosed | Yes — TSR Performance Condition | Willis Towers Watson |
| Oppenheimer Holdings Inc. | not disclosed | Restricted Stock 100 | not disclosed | Pay Governance LLC |
| Perella Weinberg Partners | not disclosed | not disclosed | No | Exequity LLP |
| PJT Partners Inc. | not disclosed | not disclosed | No | Willis Towers Watson |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-19 | 10,707,112 | 1,742,371 | 82,159 | 85.44% | Passed |
| 2025 | 2025-12-01 | 8,918,235 | 1,667,953 | 280,832 | 82.07% | Passed |
| 2022 | 2022-05-24 | 18,191,352 | 1,674,168 | 73,592 | 91.23% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-19 | 85.44%a |
| 2025 | 2025-12-01 | 82.07%b |
| 2022 | 2022-05-24 | 91.23%c |
a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions will be counted as present for purposes of determining the presence of a quorum and will have the same effect as a vote against this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Howard Weitzman | SVP, Chief Accounting Officer | 2026-04-13 | D | 4,861 | $7 | $35,145 | Common | Form 4 ↗ |
| Alan Forman | EVP, General Counsel, Sec | 2026-04-13 | D | 3,741 | 7 | 27,047 | Common | Form 4 ↗ |
| KELLEHER THOMAS J /ADV | Co-CEO | 2026-04-13 | D | 22,440 | 7 | 162,241 | Common | Form 4 ↗ |
| Bryant R. Riley | Director | 2026-04-13 | D | 17,059 | 7 | 123,337 | Common | Form 4 ↗ |
| Alan Forman | EVP, General Counsel, Sec | 2026-05-13 | D | 20,555 | 9 | 176,372 | Common | Form 4 ↗ |
| Alan Forman | EVP, General Counsel, Sec | 2026-05-14 | D | 79,445 | 9 | 680,319 | Common | Form 4 ↗ |
| KELLEHER THOMAS J /ADV | Co-CEO | 2026-06-16 | D | 3,000 | 0 | 0 | Common | Form 4 ↗ |
| Bryant R. Riley | Director | 2026-06-16 | D | 195,492 | 9 | 1,759,428 | Common | Form 4 ↗ |
| Alan Forman | — | 2026-06-30 | D | 2,853 | 8 | 23,338 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (50 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Bryant Riley. DEF 14A, filed 2026-04-09. Section “2025 Summary Compensation Table”. As printed: 16,123,180. View filing ↗
- Section 01, Andrew Moore. DEF 14A, filed 2026-04-09. Section “2025 Summary Compensation Table”. As printed: 4,369,985. View filing ↗
- Section 01, Thomas Kelleher. DEF 14A, filed 2026-04-09. Section “2025 Summary Compensation Table”. As printed: 3,335,500. View filing ↗
- Section 01, Scott Yessner. DEF 14A, filed 2026-04-09. Section “2025 Summary Compensation Table”. As printed: 2,522,293. View filing ↗
- Section 01, Alan Forman. DEF 14A, filed 2026-04-09. Section “2025 Summary Compensation Table”. As printed: 1,274,858. View filing ↗
- Section 01, Phillip Ahn. DEF 14A, filed 2026-04-09. Section “2025 Summary Compensation Table”. As printed: 306,256. View filing ↗
- Section 03, Scott Yessner OPTION. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Scott Yessner OPTION. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Scott Yessner OPTION. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. 10-K/A, filed 2026-04-01. Section “CEO Pay Ratio”. As printed: —. View filing ↗
- Section 08, Renée E. LaBran. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 109,162. View filing ↗
- Section 08, Mimi K. Walters. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 106,865. View filing ↗
- Section 08, Tammy Brandt. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 102,273. View filing ↗
- Section 08, Randall E. Paulson. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 82,663. View filing ↗
- Section 08, Robert D Agostino. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 82,663. View filing ↗
- Section 08, Robert L. Antin. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 73,478. View filing ↗
- Section 08, Michael J. Sheldon. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 71,182. View filing ↗
- Section 08, Thomas J. Kelleher. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Bryant R. Riley. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Howard Weitzman 2026-04-13. Form 4, filed 2026-04-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Alan Forman 2026-04-13. Form 4, filed 2026-04-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, KELLEHER THOMAS J /ADV 2026-04-13. Form 4, filed 2026-04-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Bryant R. Riley 2026-04-13. Form 4, filed 2026-04-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Alan Forman 2026-05-13. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Alan Forman 2026-05-14. Form 4, filed 2026-05-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, KELLEHER THOMAS J /ADV 2026-06-16. Form 4, filed 2026-06-24. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Bryant R. Riley 2026-06-16. Form 4, filed 2026-06-16. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Alan Forman 2026-06-30. Form 4, filed 2026-07-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-26. Item 5.07 · say-on-pay result. As reported: 85.44% (votes for as printed: 10,707,112). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-12-03. Item 5.07 · say-on-pay result. As reported: 82.07% (votes for as printed: 8,918,235). View filing ↗
- Section 06, 2022 vote. Form 8-K, filed 2022-05-27. Item 5.07 · say-on-pay result. As reported: 91.23%. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 628,286 + equity 0 + all other 0 = 628,286, summed across the director compensation table rows.
- Moelis & Company, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Moelis & Company's own proxy. As printed: 42,846,376. View filing ↗
- Lazard Ltd., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in Lazard Ltd.'s own proxy. As printed: 13,723,452. View filing ↗
- Houlihan Lokey Inc., Section 10b CEO total. DEF 14A, filed 2026-07-24. CEO total compensation as printed in Houlihan Lokey Inc.'s own proxy. As printed: 13,000,000. View filing ↗
- BGC Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-08. CEO total compensation as printed in BGC Group, Inc.'s own proxy. As printed: 11,066,057. View filing ↗
- Oppenheimer Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Oppenheimer Holdings Inc.'s own proxy. As printed: 9,546,400. View filing ↗
- Perella Weinberg Partners, Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Perella Weinberg Partners's own proxy. As printed: 6,750,000. View filing ↗
- Greenhill & Co. Inc., Section 10b CEO total. DEF 14A, filed 2023-03-13. CEO total compensation as printed in Greenhill & Co. Inc.'s own proxy. As printed: 4,469,618. View filing ↗
- BRC Group Holdings, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in BRC Group Holdings, Inc.'s own proxy. As printed: 3,335,500. View filing ↗
- PJT Partners Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in PJT Partners Inc.'s own proxy. As printed: 1,031,350. View filing ↗
- Section 10a, BGC Group, Inc. reciprocity. DEF 14A. BGC Group, Inc.'s most recent proxy was read; its disclosed peer group does not include BRC Group Holdings, Inc.. View filing ↗
- Section 10a, Greenhill & Co. Inc. reciprocity. DEF 14A. Greenhill & Co. Inc.'s most recent proxy was read; its disclosed peer group does not include BRC Group Holdings, Inc.. View filing ↗
- Section 10a, Houlihan Lokey Inc. reciprocity. DEF 14A. Houlihan Lokey Inc.'s most recent proxy was read; its disclosed peer group does not include BRC Group Holdings, Inc.. View filing ↗
- Section 10a, Moelis & Company reciprocity. DEF 14A. Moelis & Company's most recent proxy was read; its disclosed peer group does not include BRC Group Holdings, Inc.. View filing ↗
- Section 10a, Oppenheimer Holdings Inc. reciprocity. DEF 14A. Oppenheimer Holdings Inc. names BRC Group Holdings, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Perella Weinberg Partners reciprocity. DEF 14A. Perella Weinberg Partners's most recent proxy was read; its disclosed peer group does not include BRC Group Holdings, Inc.. View filing ↗
- Section 10a, PJT Partners Inc. reciprocity. DEF 14A. PJT Partners Inc.'s most recent proxy was read; its disclosed peer group does not include BRC Group Holdings, Inc.. View filing ↗