Natalie A. Brown was named CEO of Mesirow, replacing Richard S. Price.
She assumes the position on July 1, confirmed a company spokesman in an email.
Ms. Brown is the firm’s sixth CEO in Mesirow’s 85-year history and is the first female to fill the role.
Ms. Brown joined the firm in 2018 and most recently was president, a position she will retain, the spokesman said.
Mr. Price, who has worked at Mesirow for 50 years, will serve as executive chairman and will continue to work on organizational strategy, civic and community engagement, and the firm’s focus on diversity, equity and inclusion.
Ms. Brown will oversee firmwide growth and profitability, strategic initiatives and shareholder value creation, and work closely with Mr. Price, the company said in a news release Thursday.
“Natalie’s track record, depth of experience and excitement about the future make her the ideal leader to guide the firm’s continued growth while sustaining our prized culture,” Mr. Price said in the release.
Mesirow managed $50.6 billion as of March 31.
