Eric Cantor To Join Moelis & Company As Vice Chair, Board Director

Former House Majority Leader Eric Cantor will be joining Moelis & Company as vice chairman and a director on its board. He is expected to serve as a senior adviser to the firm’s clients on strategic matters. Moelis & Company will pay Mr. Cantor a base salary of $400,000, along with an additional cash payout of $400,000 and $1 million in restricted stock that will vest over five years.