B. Riley & Co. Expands Research Coverage of Consumer and Technology Sectors with Two New Senior Analysts
LOS ANGELES, April 8, 2015 /PRNewswire/ -- B. Riley & Co., LLC (B. Riley), a wholly owned subsidiary of B. Riley Financial, Inc. (OTCQB: RILY), has expanded its coverage of the consumer and technology sectors by appointing Mitchel Kummetz and Andrew Huang as Senior Research Analysts in its Equity Research Group.
"These two key hires extend our research capability into areas important to our institutional client base," noted Craig Ellis, Co-Director of Research at B. Riley. "They also reflect the analyst development initiatives we've been pursuing to strengthen our overall research capabilities and presence in the investment community."
The company's research team is now comprised of 20 analysts with more than 190 companies under coverage across a range of industries, including consumer products, Internet, automotive and marine, media and entertainment, telecommunications, software and services, semiconductors, aerospace and defense. B. Riley research has been consistently ranked at the top of the charts in independent stock performance surveys, including Institutional Investor, FT/Starmine Analyst Awards, Wall Street Journal's Best on the Street Survey, Forbes All Star Analyst Survey, and Zacks' Profit from the Pros.
Mitchel Kummetz joins B. Riley as a Senior Research Analyst focusing on the active lifestyle sector. Kummetz is a CFA with nearly 20 years of sell-side research experience covering a broad range of consumer retail and apparel companies. He was previously a Senior Analyst at Robert W. Baird covering active and outdoor companies, and has also served in analysts roles at DA Davidson, Wedbush Morgan and AG Edwards. In 2008, Kummetz was ranked #4 in The Wall Street Journal's "Best on the Street" survey for the Clothing & Accessories category, and ranked #5 in Forbes "Best Brokerage Analysts" survey for the Apparel category.
Kummetz holds a Master of Science in Finance from the University of Wisconsin-Madison, and a Bachelor of Science in Quantitative Economics and Decision Sciences from the University of California-San Diego. He will be based out of B. Riley's Colorado office.
Andrew Huang joins B. Riley as a Senior Research Analyst focusing on a range of technology sub-sectors. He brings more than 15 years of experience as an Equity Research Analyst covering LED, semiconductor, and electronics manufacturing services sectors. Huang was previously a Managing Director at Stern Agee, and has served as an Analyst with American Technology Research, CIBC World Markets, and Bear Stearns. In 2007, Huang was named the #1 Stock Picker in the Electronic Equipment & Instruments category by Forbes.
Huang holds an MBA in Finance from Columbia Business School and a Bachelor of Science Operations Research and Industrial Engineering from Cornell University. He will be based out of B. Riley's San Francisco office.
About B. Riley & Co., LLC
B. Riley & Co., LLC is a leading investment bank which provides corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, and merger and acquisitions advisory services. The firm is nationally recognized for its highly ranked proprietary equity research. B. Riley & Co., LLC is a member of FINRA and SIPC. For more information, please visit www.brileyco.com.
B. Riley & Co, LLC is part of B. Riley Financial, Inc. (OTCQB: RILY) which provides collaborative financial services and solutions through several subsidiaries, including: Great American Group, LLC, a leading provider of advisory and valuation services, asset disposition and auction solutions, and commercial lending services; B. Riley Asset Management, LLC, a provider of investment products to institutional and high net worth investors, and MK Capital Advisors, LLC a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families. B. Riley Financial, Inc. is headquartered in Los Angeles with offices in major financial markets throughout the United States and Europe. For more information on B. Riley Financial, Inc. please visit www.brileyfin.com.
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SOURCE B. Riley & Co., LLC
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