Evercore (EVR) Declares $0.68 Quarterly Dividend; 1.7% Yield

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Evercore (EVR) Announces Ralph Schlosstein to Step Down as Co-Chairman and Co-CEO in February 2022

October 27, 2021 6:43 AM EDT

Evercore (NYSE: EVR) announced today that Ralph Schlosstein will step down as Co-Chairman and Co-Chief Executive Officer, effective February 25, 2022, a role that he has shared with John Weinberg since July 2020. Mr. Weinberg will become the sole Chairman of the Board of Directors and Chief Executive Officer at that time. Prior to becoming Co-Chairman and Co-CEO, Mr. Schlosstein served as President and Chief Executive Officer since May 2009 when he joined the Firm. Mr. Schlosstein will also resign from the Board of Directors, effective February 25, 2022, but will remain with Evercore as Chairman Emeritus, working with Evercores... More