RICK HENDRIX

Rick Hendrix is co-founder and managing partner of Live Oak Merchant Partners. Mr. Hendrix is also a senior advisor to Crestview Partners, a middle-market-focused private equity firm.

Prior to co-founding Live Oak, Mr. Hendrix served as the chairman and CEO of FBR & Co (NYSE: FBRC), a full-service investment banking and brokerage firm, from 2009 until its successful merger in June 2017 with B. Riley Financial, Inc. (NASDAQ: RILY). Following the merger, Mr. Hendrix served as a director of RILY, from June 2017 to October 2017.

Before being named chairman and CEO of FBR, Mr. Hendrix was the company’s president and COO from February 2007 through January 2009. He previously served as Arlington Asset Investment Corp.’s (NYSE: AI) president and chief operating officer from April 2004 to February 2007 and its chief investment officer from April 2003 to April 2004. Prior to these executive leadership roles, Mr. Hendrix concurrently headed the real estate and diversified industrials investment banking groups of FBR Group. Before joining FBR in 1999, Mr. Hendrix served as a managing director of PNC Capital Markets’ investment banking group and headed PNC’s asset-backed securities business.

Over the course of his career, Mr. Hendrix has worked extensively with issuers and investors focused on companies in the financial services, real estate, energy, industrial, and business and consumer services sectors. He has led dozens of initial equity offerings, raising tens of billions of dollars for founder-led and sponsor-backed companies. During his tenure as CEO of FBR, Rick also was instrumental in the founding and initial capitalization of numerous “Newcos” that built successful franchises within the banking, insurance, and real estate sectors. Additionally, Mr. Hendrix has considerable experience advising chief executives, boards of directors, and large shareholders regarding strategy, capital structure, and capital access.  

Mr. Hendrix currently serves as the chair of the Board of Trustees of Flint Hill School in Oakton, VA, and also serves as the chairman of Protect My Car, a leading aftermarket auto warranty provider. Mr. Hendrix earned a Bachelor of Science in Finance from Miami University.