ICR Appoints J.D. Moriarty as CEO of ICR Capital

Rhea-AI Summary

ICR has appointed J.D. Moriarty as CEO of ICR Capital, its broker-dealer affiliate. Moriarty brings 30 years of experience in equity capital markets, investment banking, and public company leadership. He previously held leadership positions at LendingTree (NASDAQ: TREE) from 2017 to 2023, including roles as SVP of Corporate Development, CFO, and President of Marketplace & COO. Before that, he served as Managing Director & Head of Americas Equity Capital Markets at Bank of America Merrill Lynch. The appointment comes as ICR anticipates increased capital markets activity in 2025 and beyond.

Positive

• Appointment of highly experienced executive with 30-year track record in capital markets
• Strategic timing with anticipated increase in capital markets activity in 2025
• Executive brings dual perspective as both banker and C-Suite officer

Negative

• None.

Former Head of Americas Equity Capital Markets at Bank of America Merrill Lynch to Lead ICR’s Growing Capital Markets Advisory Business

NEW YORK--(BUSINESS WIRE)-- ICR, a leading strategic communications and advisory firm, today announced the appointment of J.D. Moriarty as Chief Executive Officer of ICR Capital, its broker-dealer affiliate. Mr. Moriarty will oversee ICR Capital’s transaction advisory services business and work closely with the entire team including Steve Parish, Managing Partner Equity Capital Markets, Raj Imteaz, Head of Convertible & Equity Derivatives Advisory, and Lee Stettner, Vice Chairman of Equity Capital Markets.

Mr. Moriarty comes to ICR after having spent his entire 30-year career in equity capital markets, investment banking, and as a public company CFO and officer.

“J.D. brings a unique blend of experience as a banker, CFO, and operator to ICR clients, and we are thrilled to welcome him to the ICR team,” said Tom Ryan, CEO, and Don Duffy, President, of ICR. “Ultimately, management teams and financial sponsors want a trusted partner to help manage the IPO process, and other critical capital markets transactions, and J.D. has done that as a capital markets professional as well as a C-Suite executive. His extensive experience and proven track record will be invaluable as we continue to expand ICR’s advisory services in this area.”

“I am incredibly excited to join ICR to lead ICR Capital’s next stage of growth,” said Mr. Moriarty. “With an anticipated increase in capital markets activity in 2025 and beyond, the timing could not be better to expand this group and the breadth and depth of support we provide to issuers. I look forward to working with Steve, Raj, Lee and the rest of the talented ICR Capital team to further integrate with the broader ICR platform. I look forward to using my experience to help clients navigate the evolving capital markets landscape and achieve their strategic goals.”

Mr. Moriarty joins ICR Capital with extensive experience in equity capital markets, investment banking, and public company leadership roles. Most recently, he held leadership positions at LendingTree (NASDAQ: TREE) from 2017 to 2023, where he served as SVP of Corporate Development, Chief Financial Officer, and President of Marketplace & Chief Operating Officer. Prior to LendingTree, Mr. Moriarty was Managing Director & Head of Americas Equity Capital Markets at Bank of America Merrill Lynch, where he spent more than two decades in various roles in both Equity Markets and Investment Banking. Over his banking career, he led hundreds of transactions and enjoyed working with management teams and boards as an advisor on IPOs, add-on acquisitions, convertible offerings, and broader financing strategies.

ICR Capital provides corporate management teams, financial sponsors, venture capital firms, and boards of directors with the independent, objective advice and expertise they need to execute a wide range of financial transactions, including IPOs, follow-on offerings, SPAC transactions, block trades, alternative capital raising, and convertible and equity derivatives transactions.

Mr. Moriarty holds an MBA from the Stanford University Graduate School of Business and a bachelor’s degree in Economics and Finance from Bucknell University.

About ICR

Established in 1998, ICR partners with public and private companies to execute strategic communications and advisory programs, and manage complex transactions and corporate events to enhance long-term enterprise value and corporate reputation. The firm’s highly-differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to hundreds of clients across more than 20 industry groups. With more than 400 team members, ICR is one of the largest and most experienced independent communications and advisory firms, maintaining offices in New York, Connecticut, Boston, Baltimore, San Jose, London, and Beijing. Learn more at https://icrinc.com/. Follow us on LinkedIn and on X at @ICRPR.

About ICR Capital

ICR Capital, member FINRA/SIPC, a registered broker-dealer affiliate of ICR, provides transaction advisory services related to IPO execution as well as follow-on and convertible notes offerings, equity and debt capital raises and block trades. The firm provides independent advice on all aspects of the transaction process to help clients make better informed decisions. ICR Capital’s advisory expertise in combination with ICR’s industry leading communications capabilities helps clients achieve their transaction objectives, while establishing a foundation to maximize long-term equity value. Learn more at www.icrcapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241125867665/en/

Brian Ruby, ICR, 203-682-8268, ICRPR@icrinc.com

Source: ICR

FAQ

What was J.D. Moriarty's role at LendingTree (TREE) before joining ICR Capital?

J.D. Moriarty held multiple leadership positions at LendingTree (TREE) from 2017 to 2023, including SVP of Corporate Development, Chief Financial Officer, and President of Marketplace & Chief Operating Officer.

When does ICR expect increased capital markets activity?

ICR anticipates an increase in capital markets activity in 2025 and beyond.

What was J.D. Moriarty's position at Bank of America Merrill Lynch?

J.D. Moriarty served as Managing Director & Head of Americas Equity Capital Markets at Bank of America Merrill Lynch, where he spent more than two decades.