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Evercore names Nigel Dawn and Naveen Nataraj co-presidents

Original: Investment bank Evercore names 2 co-presidents Nigel Dawn and Naveen Nataraj will ascend to the tier below the top execu

Evercore has promoted Nigel Dawn and Naveen Nataraj to co-presidents, placing them a tier below the top executive. The succession picture is complicated, however, by CEO John Weinberg's agreement to remain at the helm for at least three more years, meaning the new co-presidents may have to wait before taking over the boutique investment bank.

Why now: The promotions signal a succession plan at a major investment bank, but the CEO's extended tenure creates uncertainty about when the leadership transition will happen.

EvercoreNigel DawnNaveen NatarajJohn Weinberg

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Evidence

• Investment bank Evercore names 2 co-presidents Nigel Dawn and Naveen Nataraj will ascend to the tier below the top executive, but one may have to wait to take the reins: CEO John Weinberg agreed to stay at least three more years. https://www. bankingdive.com/news/evercore-… · AlexJimenez@mas.to

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