Evercore names Nigel Dawn and Naveen Nataraj Co-Presidents effective Jan. 1, 2027; Weinberg stays CEO

Evercore Inc.

Nigel Dawn (62), Global Head of Private Capital Advisory, and Naveen Nataraj (51), Co-Head of U.S. Investment Banking, become Co-Presidents on January 1, 2027, reporting to CEO John S. Weinberg.
Each receives a one-time PRSU award with a $20 million target value; payout ranges 80%-200% based on operating income goals and relative TSR over three years, cliff-vesting on the fifth anniversary.
The Board and Weinberg agreed he will serve as Chairman and CEO for at least the next three years; Dawn becomes Chairman of PCA and Nataraj stays active in Investment Banking.
Daniel Mendelow becomes sole Head of U.S. Investment Banking, the firm's largest business; Jason Sobol becomes Chairman of U.S. Investment Banking, working with Eduardo Mestre.
Founder and Senior Chairman Roger C. Altman said the firm is 'much larger, broader and more global' than three years ago and needs added management resources.

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