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Richard J. Hendrix is President and Chief Operating Officer of Friedman, Billings, Ramsey Group, Inc. and a member of the Office of the Chief Executive. Additionally, Mr. Hendrix is Chief Investment Officer with responsibility for the corporation�s Principal Investing activities including its Mortgage-Backed Securities and Merchant Banking businesses. Prior to FBR�s merger with FBR Asset in March 2003, Mr. Hendrix served as the President and Chief Operating Officer of FBR Asset Investment Corporation in addition to his investment banking responsibilities at FBR.
Prior to joining FBR, Mr. Hendrix was a Managing Director of PNC Capital Markets' Investment Banking group, focusing on mergers and acquisitions and equity and high-yield debt underwriting. Mr. Hendrix previously also headed PNC Capital Markets asset-backed securities business, which encompasses public underwriting of asset-backed securities, private placement of asset-backed securities and the administration of two commercial paper conduits.
During his career, Mr. Hendrix has worked extensively with companies in a broad range of industries including financial institutions, REITs, metals, retailing, diversified holding companies, specialty finance and consumer products.
Mr. Hendrix joined PNC in 1987 and was appointed by PNC to work with FBR in 1997 in connection with a strategic alliance between the two companies. He joined FBR in 1999. Mr. Hendrix received his B.S. in finance from Miami University. | 