Matrix promotes employees, expands industry group

From top left (clockwise): Duni, Mosser, Paniccia, Tucker

Matrix Capital Markets Group promoted two team members and hired two analysts.

The company promoted John Duni to vice president. Duni has helped advise on more than 25 sell-side, buy-side and valuation advisory engagements since joining Matrix’s Downstream Energy & Convenience Retail Group in 2015, according to the company. He’s a certified public accountant and chartered financial analyst. He’s also a member of the CFA Institute.

John Mosser was promoted to associate and is a member of the company’s Consumer & Industrial Products Group. He has been with Matrix since 2018 and during that time has assisted with seven successful engagements, the company says.

In addition to those promotions, Matrix added Michael Tucker and Matthew Paniccia as analysts to the firm’s Downstream Energy & Convenience Retail Group.

Tucker was previously an associate portfolio manager at KMG Wealth Management. He graduated from Virginia Tech where he received a bachelor’s degree in accounting and finance. Additionally, he is a chartered financial analyst and member of the CFA Institute.

Paniccia was a summer and fall intern at Matrix prior to joining the firm. He received a bachelor’s degree in business administration with a double concentration in finance and economics, along with a minor in information systems from Loyola University Maryland.

Founded in 1988, Matrix is an independent, privately held investment bank. It is headquartered in Richmond, Virginia, with additional offices in Baltimore and Chicago. Matrix provides merger and acquisition and financial advisory services for privately held, private-equity owned and publicly traded companies, including company sales, recapitalizations, corporate valuations and more.