What changed
Evercore's Board appointed Nigel Dawn and Naveen Nataraj as Co-Presidents, effective January 1, 2027, reporting to Chairman and CEO John S. Weinberg. The Board and Weinberg agreed he will serve as Chairman and CEO for at least the next three years. Dawn led the global Private Capital Advisory business and will become Chairman of PCA; Nataraj will continue advising clients and remain engaged in Investment Banking. Daniel Mendelow becomes sole Head of U.S. Investment Banking, and Jason Sobol becomes Chairman of U.S. Investment Banking.
Why it matters
Evercore's Board appointed Nigel Dawn and Naveen Nataraj as Co-Presidents, effective January 1, 2027, reporting to Chairman and CEO John S. Weinberg. The Board and Weinberg agreed he will serve as Cha